US stocks push further into record territory

By: Associated Press
By: Associated Press

Stay up-to-date with KAKE News:

NEW YORK (AP) — U.S. stocks are opening higher, pushing the market further into record territory.

The Standard & Poor's 500 index is on track to close up about 4 percent for February, retracing its losses from the month before.

A report on business activity in the Midwest came in better than economists were expecting.

The S&P 500 rose four points, or 0.3 percent, to 1,858 in early trading Friday. Nine of the 10 industry sectors in the index rose. The index closed at a record high the day before.

The Dow Jones industrial average rose 37 points, or 0.2 percent, to 16,308. The Nasdaq composite rose 13 points, or 0.3 percent, to 4,332.

Bond prices fell. The yield on the 10-year Treasury note increased to 2.69 percent from 2.64 percent late Thursday.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 247804371 -