US stocks open higher following good news on corporate earnings; GE, Morgan Stanley gain

We also have more stories about:
(click the phrases to see a list)



Stocks are rising in early trading as investors welcome some good news on corporate earnings.

General Electric and Morgan Stanley each rose 3 percent in early trading after reporting earnings that beat analysts' estimates.

The Dow Jones industrial average rose 162 points, or 1 percent, to 16,281 as of 9:35 a.m. Eastern time Friday.

The Standard & Poor's 500 rose 19 points, or 1 percent, to 1,882. The Nasdaq composite rose 52 points, or 1.2 percent, to 4,268.

European markets rose sharply. France's CAC 40 rose 2 percent and Germany's DAX rose 1.7 percent

The price of oil rose 53 cents to $83.26 a barrel. It's still down 3 percent for the week.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.19 percent.

All content copyright ©2014 Daily Reporter, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Click here to read our privacy policy.
Daily Reporter • 22 W. New Road • Greenfield, IN 46140 • (317) 462-5528