Markets Right Now: US stocks open higher
Posted March 23, 2018 6:41 am.
Last Updated March 23, 2018 7:21 am.
This article is more than 5 years old.
NEW YORK, N.Y. – The latest on developments in financial markets (all times local):
9:35 a.m.
Stocks are moving higher in early trading as the market claws back some of the ground it lost a day earlier.
Technology companies, retailers and banks rose in early trading Friday, a day after markets were rattled by fears of an escalating trade conflict as the White House announced tariffs on Chinese goods.
Nike soared 3.8 per cent after reporting a strong quarter. Target and Kroger both rose following a report that the two companies were considering a deal.
The S&P 500 index rose 6 points, or 0.3 per cent, to 2,650.
The Dow Jones industrial average rose 101 points, or 0.4 per cent, to 24,057. The Nasdaq composite rose 4 points, or 0.1 per cent, to 7,171.