Thursday, July 24, 2014

Stock market opens slightly higher

September 26. 2013 10:42AM
Associated Press

Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle

(AP) The stock market is up slightly in early trading after the U.S. reported greater economic growth in the second quarter than previously estimated.

Another report showed the number of Americans seeking unemployment benefits fell to a six-year low.

The Dow Jones industrial average rose 34 points to 15,308 shortly after the market opened Thursday. The Standard & Poor's 500 index gained five points to 1,697. The Nasdaq climbed 16 points to 3,777.

The Dow and S&P 500 have fallen five consecutive days, spooked by the prospect of a government shutdown. Treasury Secretary Jacob Lew told Congress this week that the Treasury's ability to borrow funds will be exhausted on Oct. 17.

Bed Bath & Beyond rose $3.43 to $77.65. The retailer said Wednesday that its quarterly profit increased 11 percent.

Associated Press

comments powered by Disqus Commenting Guidelines
Mortgage Minute

Search for New & Used Cars

Used New All

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals

Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds