The 30-stock index popped 363.15 points to hit lunch hour Tuesday at 34,948.50, headed for a seventh straight day of gains.
The S&P 500 added 21.55 points to 4,544.34.
The NASDAQ index regained 41.08 points to 14,288.81.
Bank of America reported better-than-expected earnings for the second quarter, thanks to higher interest rates. The bank stock added 4.7%.
Bank of N.Y. Mellon’s earnings also exceeded expectations, helping lift shares 5%.
Morgan Stanley stock added 6.5% after a beat on both revenue and adjusted earnings per share thanks to record revenue in its wealth management segment. PNC Financial, added 1.2% on the back of mixed second-quarter numbers. J.B. Hunt is slated to report after the bell.
Overall, the earnings season is off to a strong start. Of the S&P 500 that have reported, 84% exceeded profit estimates, according to FactSet.
Meanwhile, investors are seemingly shaking off soft data from the Commerce Department out Tuesday. Advance retail sales ticked up 0.2% month-over-month in June, while economists polled by Dow Jones forecasted a 0.5% increase.
Prices for the 10-year Treasury were ahead, lowering yields to 3.78% from Monday’s 3.81%. Treasury prices and yields move in opposite directions.
Oil prices gained $1.24 to $75.39 U.S. a barrel.
Gold prices picked up $26.30 to $1,982.70 U.S. an ounce.