NEW YORK, April 16 (Reuters) - U.S. stocks extended gains on
Tuesday, with the S&P 500 up 1 percent, buoyed by strong
earnings from Coca-Cola and Johnson & Johnson, and after
inflation data reinforced expectations that the Federal
Reserve's stimulus will stay in place.
The Dow Jones industrial average rose 124.64 points
or 0.85 percent, to 14,723.84. The S&P 500 gained 16.07
points or 1.04 percent, to 1,568.43. The Nasdaq Composite
added 36.06 points or 1.12 percent, to 3,252.55.
On Monday, the three major U.S. stock indexes posted their
largest daily percentage declines since early November.