US stocks gain in early trading, led by energy companies


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

NEW YORK (AP) — Stocks are opening slightly higher, led by gains in the energy sector as the price of oil moves higher.

The Dow Jones industrial average edged up 14 points, less than 0.1 percent, to 18,074 as of 9:35 am. Monday.

The Standard & Poor's 500 index rose a point to 2,104. The Nasdaq composite increased 17 points, or 0.4 percent, to 5,013.

The market is coming off a second weekly gain in a row. It hasn't had a three-week winning streak since late February.

The price of oil rose $1.12 to $52.84 a barrel in New York.

Bond prices didn't move much. The yield on the 10-year Treasury note held steady at 1.95 percent.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast