Wall Street higher, Home Depot rallies

Comment on this story
WallStreet1234 REUTERS The US bourse is set to open higher as European leaders get ready to meet.

New York - US stocks opened higher on Tuesday, putting the S&P 500 on track for a second straight day of gains, following solid earnings from Home Depot as well as supportive economic data on inflation and the housing market.

The Dow Jones industrial average rose 40.24 points or 0.24 percent, to 16,878.98, the S&P 500 gained 2.68 points or 0.14 percent, to 1,974.42 and the Nasdaq Composite added 6.28 points or 0.14 percent, to 4,514.59.

Shares of Home Depot, a Dow component, jumped 4.6 percent to $87.33 (R928). - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines