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Stocks Open Slightly Higher After Strong Earnings


Friday, 24 January 2020 21:44 WIB

DOW JONESS & P 500SahamASNasdaq Composite


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Stocks opened with modest gains Friday, with the Nasdaq Composite pushing further into record territory, after a round of strong corporate earnings overshadowed worries over the spread of the coronavirus.

The Dow Jones Industrial Average rose 96 points, or 0.3%, to 29,256, while the S&P 500 was up around 3 points, or 0.1%, at 3,329. The Nasdaq Composite rose 40 points or 0.4%, to 9,441 -- after posting a record finish on Thursday. Shares of Dow component Intel Corp. jumped more than 7% after reporting data-center sales late Thursday that topped Wall Street estimates. Shares of American Express Co. also powered higher, rising 5%, after reporting a fourth-quarter profit that beat expectations.

Source : Marketwatch


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