Stocks look to end week on high note

The latest on developments in financial markets (all times local):

___

9:35 a.m.

Stocks are opening with modest gains in early trading on Wall Street.

Sign Up and Save

Get six months of free digital access to the Ledger-Enquirer

#ReadLocal

If the early direction holds, the market would finish the week with a solid gain and erase last week’s decline.

Gains for technology and retailers led the opening advance Friday.

Ulta Beauty rose 6 percent after its fourth-quarter results topped estimates. Nvidia added 2.4 percent as chip stocks showed early strength

The S&P 500 index rose 5 points, or 0.2 percent, to 2,814.

The Dow Jones Industrial Average added 30 points, or 0.1 percent, to 25,740. The Nasdaq gained 22 points, or 0.3 percent, to 7,654.

Shares in Asia rose after China’s premier pledged support for the country’s slowing economy.

Read More Here...

Bookmark the permalink.