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Still, a spate of positive earnings helped boost the Dow. IBM provided the biggest boost to the Dow, rising 8.5 percent after cloud and software services helped its profit come in above analyst estimates and the company offered better-than-expected guidance for 2019. Procter & Gamble advanced 4.9 percent after the company upped its full-year sales forecast and took advantage of price increases and strong demand to beat analyst earnings estimates. United Technologies reported a better-than-expected fourth-quarter profit and forecast 2019 earnings above analyst estimates. The industrial conglomerate’s stock ended the session 5.4 percent higher.

The Dow Jones Industrial Average .DJI rose 171.14 points, or 0.7 percent, to 24,575.62, the S&P 500 .SPX gained 5.8 points, or 0.22 percent, to 2,638.7 and the Nasdaq Composite .IXIC added 5.41 points, or 0.08 percent, to 7,025.77, Of the 11 major sectors of the S&P 500, only energy .SPNY and chopard cufflinks materials .SPLRCM closed in the red, Fourth-quarter reporting season is in full swing, and of the 15 percent of S&P 500 companies that have reported, 77.6 percent have beaten analyst estimates, according to Refinitiv data..

Analysts now see S&P 500 earnings growth of 14.2 percent in the quarter. Comcast Corp (CMCSA.O) rose 5.5 percent after the top U.S. cable service provider posted better-than-expected earnings and announced it would raise its dividend by 10 percent. Shares of Tesla Inc (TSLA.O) dropped 3.8 percent after the electric automaker said it was reducing production hours for higher-priced Model S and Model X cars, days after announcing job cuts. After the bell, Ford Motor Co (F.N) reported lower operating profit in the fourth quarter, weighed down by losses in every global region but North America.

(Reuters) - Boeing Co has warned that a prolonged U.S, government shutdown could hurt its chopard cufflinks business as well as the broader aviation industry, CNBC reported on Wednesday, citing an emailed statement from the plane-maker, The world’s largest aircraft manufacturer said the partial U.S, government shutdown has not had a material impact on its business to date, but it may begin to weigh on its operational efficiency and pose other challenges for the aviation sector in general, CNBC reported, Boeing did not immediately respond to Reuters’ request for comment..

(Reuters) - Procter & Gamble Co (PG.N) raised its sales forecast for the year on Wednesday after quarterly results topped Wall Street expectations, boosted by price hikes and strong demand for premium fabric and skin care products. Premium products such as Gain or Downy fabric enhancer beads and SK-II skincare products boosted growth during the quarter, and helped P&G, the no. 1 personal care goods company, set itself apart from in-house supermarket brands that have been encroaching on market share.

Consumer goods companies have faced a string of challenges in the past chopard cufflinks year, including soaring commodities costs, a shortage of truck drivers, competition from supermarket brands and direct-to-consumer start-ups, To counter this, P&G is cutting costs and revamping its brands and marketing strategy, The company, which makes Gillette razors and Tide detergents, has also raised prices and launched higher-end products in its beauty and fabric care businesses, The company’s shares rose 4.5 percent to $94.55 after it posted better-than-expected second-quarter results..

“Yet another strong quarter for P&G as execution is clearly improving, proving last quarter wasn’t a fluke,” Wells Fargo analyst Bonnie Herzog said. P&G said it now expects full-year organic sales growth of 2-4 percent compared with previous guidance of 2-3 percent. Organic sales excludes items like acquisitions and the impact of foreign currency fluctuations. Chief Financial Officer Jon Moeller said on a call to discuss earnings that steady results and confidence in global growth prompted the better forecast, but noted possible economic challenges such as trade, Brexit and the U.S. government shutdown.

“We’ve seen nothing in purchase data, to date, and consumer behavior, to date, that would indicate that we’re currently moving towards a recession,” Moeller said, The International Monetary Fund trimmed its global growth forecasts on Monday and said the risk of a sharper decline in global growth had increased, Quarterly organic sales rose 4 percent, Analysts on average were expecting growth of 2.4 percent, according to IBES data from Refinitiv, Organic sales in P&G’s beauty business rose 8 percent, driven by strong demand for its premium SK-II and Olay skin care brands, chopard cufflinks while feminine care business, which includes brands such as Tampax and Whisper, also witnessed high single-digit growth..