The Journal Gazette
 
 
Thursday, December 05, 2019 10:40 am

Stocks open higher on Wall Street

Associated Press

 

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

9:35 a.m.

Stocks are opening slightly higher on Wall Street led by technology companies and banks.

The moderate gains in early trading Thursday followed an advance the day before but weren't enough to pull the market into the black for the week.

Five Below, a discount retailer, jumped 7.8% after reporting results that easily beat analysts' forecasts. Dollar General also rose 1% after turning in a solid quarterly report.

The S&P 500 rose 3 points, or 0.1% to 3,116.

The Dow Jones Industrial Average rose 31 points, or 0.1%, to 27,685. The Nasdaq rose 14 points, or 0.2%, to 8,580.

Bond prices fell. The yield on the 10-year Treasury rose to 1.82%.


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