News Column

Stocks edge higher in early trading; Oracle slides

June 20, 2014

The Associated Press



Stocks are slightly higher in early trading as the market heads for a week of solid gains.

Oracle slumped after the company's quarterly results fell short of Wall Street's forecasts.

The Standard & Poor's 500 index rose two points, or 0.1 percent, to 1,961 in the first few minutes of trading Friday.

The Dow Jones industrial average gained 16 points, or 0.1 percent, to 16,938. The Nasdaq composite rose two points, or 0.1 percent, to 4,361.

On Thursday, the S&P 500 index notched an all-time high for the second day in a row. The index is on track to gain 1.2 percent for the week.

U.S. government bonds prices slipped, pushing yields up. The yield on the 10-year note rose to 2.64 percent from 2.62 percent late Thursday.


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Associated Press


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters