Economy

Stocks edge higher in early trading; Oracle slides

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.

Related Headlines

  • Jason Hardzewicz

    Stocks open higher; Alcoa leads the way

    Stocks are opening higher on Wall Street as corporate earnings begin on a positive note. Aluminum maker Alcoa rose the most of major U.S. stocks after reporting earnings that ... 

  • Frank Masello, John O'Hara

    US stocks open lower; Deere sinks

    Stocks are opening lower, a day after the market hit all-time highs. The Standard & Poor's 500 index fell two points, or 0.1 percent, to 1,894 in the first few minutes of ... 

  • US stocks move higher ahead of Fed minutes

    Stocks are moving higher as investors wait for the minutes from the Federal Reserve's most recent policy meeting. Tiffany rose 8 percent after the company said its earnings ... 

  • Stocks edge up after US jobs grow at healthy clip

    U.S. stocks are opening higher after the government said employers hired at a good clip for the fourth month in a row. Employers added 217,000 jobs in May, in line with what ... 

Find the best rates

Find your future job here