The major US stock indices are closing with solid gains for the third day in row. The S&P index and NASDAQ indices both closed up over 2% with the NASDAQ index up 2.74%.

The final numbers are showing:

• Dow industrial average rose 4 and 86.83 points or 1.23% at 40,091.40
• S&P index rose 108.93 up 2.03% at 5484.79
• NASDAQ index rose 457.99 points or 2.74% at 17166.04

After the close, Alphabet announced earnings per share of $2.81 versus $2.01 estimates on revenues of $90.23 billion versus $89.2 billion estimate. The Google parent also announced a 5% increase in its dividend. Shares are trading up 5.12% in after-hours trading.

Meanwhile, Intel announced better than expected earnings at $0.13 versus $0.00 estimate. Revenues were also better at $12.7 billion versus $12.2 billion. However, guidance was lower than expected and its shares are currently trading down -3.82% a $20.67.

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