Stocks open higher, building on gains from Friday

By The Associated Press | Posted - May 4, 2015 at 7:50 a.m.



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 Information in the story may be outdated or superseded by additional information.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, building on their gains from Friday.

Tyson Foods gained 3 percent in early trading Monday after reporting earnings that were higher than analysts were expecting.

The Dow Jones industrial average rose 71 points, or 0.4 percent, to 18,096 in early trading.

The Standard & Poor's 500 index rose nine points, or 0.4 percent, to 2,117. The Nasdaq composite rose 24 points, or 0.4 percent, to 5,030.

In Europe, France's CAC-40 rose 1.1 percent to 5,103 and Germany's DAX added 1.4 percent to 11,611. British markets were closed for a public holiday.

Oil slipped 48 cents, or 0.6 percent, to $58.78 a barrel.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.10 percent.

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 This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

    SIGN UP FOR THE KSL.COM NEWSLETTER

    Catch up on the top news and features from KSL.com, sent weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast