Stock market today: Wall Street rally continues on the back of strong corporate earnings

News Snapshot:

This week’s Wall Street rally appears ready to extend into Thursday with bellwether companies putting up impressive numbers for the second quarter despite fears of a pullback in spending by Americans. Futures for the Dow Jones industrials rose 0.2% the S&P 500 ticked 0.3% higher before the bell. Delta Air Lines jumped 4.6% after it reported unprecedented quarterly profit and revenue before the opening bell. The Atlanta carrier raised its expectations for a year after travelers took to the skies in huge numbers. It was a similar story for PepsiCo, which raised its full-year forecast after second-quarter results handily topped...