Tuesday, Oct 25, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Stock Market

U.S. stocks move higher after solid earnings from Yahoo; Encouraging news on China economy

NEW YORK -- Stocks are moving higher for a third day in a row after more U.S. companies report solid earnings and on encouraging news about China’s economy.

Yahoo rose 6 percent after the Internet pioneer said it was benefiting from its lucrative investments in Asia.

The Standard & Poor’s 500 index rose 11 points, or 0.6 percent, to 1,854 as of noon today.

The Dow Jones industrial average rose 107 points, or 0.7 percent, to 16,369 and the Nasdaq rose 24 points, or 0.7 percent, to 4,060.

Markets rose in Asia and Europe after China reported that its economy slowed less than many had feared in the first quarter.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.64 percent.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…