» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X

Forgot your password?
Skip Navigation LinksHome > Article
VOL. 42 | NO. 22 | Friday, June 01, 2018

Stocks open mostly higher on Wall Street

Print | Front Page | Email this story

NEW YORK (AP) — Stocks are opening mostly higher on Wall Street, putting the market on track for a fifth straight gain.

Energy companies and banks rose more than the rest of the market in early trading Thursday. Chevron rose 1.5 percent and Bank of New York Mellon climbed 1.5 percent.

Conn's soared 25 percent after the retailer reported much higher earnings than analysts were expecting.

Food maker J.M. Smucker sank 8 percent after reporting a weak quarter.

The S&P 500 index was up 1 point, less than 0.1 percent, to 2,774.

The Dow Jones industrial average climbed 58 points, or 0.2 percent, to 25,205. The Nasdaq composite edged down 6 points, or 0.1 percent, to 7,683.

The yield on the 10-year Treasury held steady at 2.97 percent.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0