The stock market soared yesterday for the second consecutive session, in reaction to higher-than-expected corporate earnings and a rising bond market.

The results were better than the company had forecast because of higher-than-expected earnings at its Gucci leatherware division.

Another technology stock, Intel, reported higher-than-expected earnings after the market closed but traders were probably anticipating strong results.

Earlier this week, the company reported higher-than-expected third-quarter earnings of 48 cents a share.

A week ago, the company reported higher-than-expected second-quarter earnings, thanks to its restructuring.

Some analysts also questioned why some of the quarter's upside surprises did not translate into higher-than-expected earnings.

Syntex rose 1 5/8, to 49 5/8, as the stock continued to rise after its report of significantly higher-than-expected earnings for the third quarter.

Chrysler and Citicorp reported higher-than-expected earnings, lifting both stocks.

Bankers Trust rose 3/8, to 63 5/8, after it, too, posted higher-than-expected earnings.

The bank's common stock jumped sharply on news of the higher-than-expected earnings and surpassed the 52-week high of $57 a share.