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Wall Street opens up, resistance ahead

The S&P 500 gained 5.77 points, or 0.31%, to 1,842.02

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Reuters New York
Last Updated : Feb 24 2014 | 8:39 PM IST

US stocks opened slightly higher on Monday, led by energy and healthcare shares, with the S&P 500 nearing resistance at its record high set last month.

The Dow Jones industrial average rose 47.2 points, or 0.29%, to 16,150.5, the S&P 500 gained 5.77 points, or 0.31%, to 1,842.02 and the Nasdaq Composite added 14.706 points, or 0.34%, to 4,278.116.

The S&P faces technical resistance in the 1,850 area, near its record closing and intraday highs set January 15.

 

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First Published: Feb 24 2014 | 8:12 PM IST

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