NEW YORK — The stock market is starting the holiday week with a big gain.
Just after the opening bell on Wall Street, the Dow Jones industrial average is up 102 points at 12,690. The Standard & Poor's 500 index is up 12 at 1,372. And the Nasdaq composite index is up 32 to 2,885.
European markets are sharply higher. Financial analysts say it's because of optimism that leaders in the United States will reach a deal to avoid the so-called fiscal cliff, a package of tax increases and government spending cuts set to take effect Jan. 1.
U.S. investors are also encouraged by corporate earnings reports. Lowe's says its third-quarter profit surged 76 percent. That's after a strong report from Home Depot last week. Tyson Foods also beat Wall Street expectations.
© Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Anda sedang membaca artikel tentang
US stocks open higher
Dengan url
http://newsreviewsis.blogspot.com/2012/11/us-stocks-open-higher.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
US stocks open higher
namun jangan lupa untuk meletakkan link
sebagai sumbernya
0 komentar:
Posting Komentar