Stocks open higher, lifted by Iran nuclear deal

By: Associated Press
By: Associated Press

Stay up-to-date with KAKE News:

NEW YORK (AP) — The stock market is opening higher after world powers and Iran reached a deal on the country's nuclear program and as Wall Street was poised to extend seven weeks of gains.

The Dow Jones industrial average rose six points to 16,071 in early trading Monday. The Standard & Poor's 500 index rose two points to 1,807. The Nasdaq is up 12 points to 4,004.

Sunday's deal with Iran was the first significant progress in years to curtail that country's nuclear ambitions. It will reduce the risk of conflict, improve trade and could boost global oil supplies. The energy sector was the biggest decliner among the S&P 500's 10 industry groups.

Wal-Mart rose slightly after the company announced its CEO Mike Duke is stepping down.

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 233306431 -