Economy

US stocks are rising despite geopolitical trouble

NEW YORK (AP) — U.S. stocks are trading higher as investors weigh gains in productivity against worsening geopolitical concerns.

The higher prices in the U.S. are bucking a move down in European and Asian markets as U.S. fighter planes dropped bombs on Islamic State militants in northern Iraq. The Dow Jones industrial average rose 67 points, or 0.4 percent, to 16,435 in midday trading Friday.

The Standard & Poor's 500 index rose seven points, or 0.4 percent, to 1,917. The Nasdaq composite rose 11 points, or 0.3 percent, to 4,346. Investors sought safety in U.S. Treasurys, driving the yield on the benchmark 10-year note to its lowest level since June 2013. The yield fell to 2.38 percent from 2.41 percent late Thursday.

Related Headlines

  • Gregory Rowe

    Stocks open higher, head for solid weekly gains

    Stocks are higher in early trading as the market gets set to close out a turbulent week with solid gains. The Standard & Poor's 500 index rose nine points, or 0.5 percent, to ... 

  • Greg Mulligan

    Stocks edge higher on better manufacturing report

    U.S. stocks are edging mostly higher as investors respond to an encouraging sign on manufacturing. The Standard & Poor's 500 index rose two points, or 0.1 percent, to 1,867 ... 

  • US stocks move lower; Deere sinks

    U.S. stocks are closing lower a day after the market hit its latest all-time high. Investors favored safer stocks over riskier ones. U.S. government bonds also rallied. 

  • Stocks edge higher after US employment survey

    Stocks are edging higher in midday trading after a private survey showed that U.S. companies increased hiring at a rapid pace. The Standard & Poor's 500 rose four points, or 0 

Find the best rates

Find your future job here