U.S. Stocks Rise Despite Bleak Earnings Outlook; Boeing in Talks With Iran

U.S. stocks moved slightly higher on Tuesday, despite a grim start to first quarter earnings season. Though Brenda Kelly, head analyst at London Capital Group, said stocks can move higher even if earnings decline, thanks to dovish central banks. Meanwhile, oil prices reached a 2016 high with brent eclipsing $43 a barrel on hopes some of the biggest oil producers will agree to a production freeze at a meeting in Doha on April 17. The IMF cut its global growth forecast yet again, saying the world economy will grow at 3.2 percent this year, compared to the 3.4 percent forecast made back in January. Plus, Boeing (BA) - Get Report is in talks with Iran to potentially sell 737 and 777 jetliners, according to the Wall Street Journal. This comes as relations between U.S. companies and Iran thaw following the landmark Iran nuclear deal earlier this year.