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Stocks open broadly higher on Wall Street, adding to gains

The S&P 500 added 0.9% early Thursday, putting the benchmark index into the green for the week.

October 14, 2021 / 07:26 PM IST
Source: Reuters

Source: Reuters

Stocks are moving broadly higher in early trading on Wall Street as the market builds momentum a day after breaking a three-day losing streak.

The S&P 500 added 0.9% early Thursday, putting the benchmark index into the green for the week.

The Dow Jones Industrial Average also rose 0.9%, while the tech-heavy Nasdaq rose 1%. Health care stocks were putting up some of the best gains, led by a 5.6% jump in UnitedHealth Group.

The leading health insurer reported earnings that easily beat analysts’ forecasts.

Crude oil prices were modestly higher, and the yield on the 10-year Treasury fell slightly to 1.54%.
Associated Press

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