Business Standard

S&P edges up at open to fresh record

Image

Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks edged up at the open on Friday, with the S&P 500 gaining for a sixth day to a fresh record high and on track for a fourth weekly gain over the past five.

The Dow Jones industrial average <.DJI> rose 19.78 points, or 0.12 percent, to 16,941.24, the S&P 500 <.SPX> gained 1.87 points, or 0.1 percent, to 1,961.35 and the Nasdaq Composite <.IXIC> added 5.36 points, or 0.12 percent, to 4,364.69.

Technology stocks underperformed, weighed by Oracle , which fell 5 percent after results missed expectations.

(Reporting by Rodrigo Campos; Editing by Bernadette Baum)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 20 2014 | 7:11 PM IST

Explore News