Home Stock & Shares Markets –US stocks open slightly higher

Markets –US stocks open slightly higher

by Jonathan Adams

U.S. stocks are edging higher in the early going as the market comes off a four-day losing streak.

Consumer stocks rose more than the rest of the market early Wednesday. Nike added 1.3 per cent, the most in the Dow Jones industrial average.

Energy stocks lagged the market as the price of oil took another dip lower. Drilling rig operator Transocean fell 2 per cent.

The Dow Jones industrial average rose 32 points, or 0.2 per cent, to 17,707. The Standard & Poor’s 500 index gained 3 points, or 0.2 per cent, to 2,078. The NASDAQ composite climbed 8 points, or 0.2 per cent, to 4,851.

U.S. government bond prices fell. The yield on the 10-year Treasury note edged up to 1.62 per cent.

This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Related News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Know more