Skip to content Skip to sidebar Skip to footer
Home / Business

Stocks higher at midday as Black Friday unfolds

Diposkan oleh silent aja Post a Comment

DeKalb police Officer Q.S. Starnes, left, helps Best Buy manager Sammy Abuata wheel in a pallet of Xbox One game sets for a door-buster sale just before midnight on Thanksgiving Day, Thursday, Nov. 28, 2013, in Dunwoody, Ga. All of the store's 120 employees were on hand to ring up items after the electronics retailer opened on Thanksgiving this year. (AP Photo/David Tulis)


NEW YORK (AP) - Retailers are leading stocks higher at midday, putting the market on track for another strong month.


The Dow Jones industrial average rose 43 points to 16,140 in midday trading Friday. The Standard & Poor's 500 index gained four points to 1,811. The Nasdaq rose 22 points to 4,067.


Retailers are among the leading gainers on Black Friday, the busiest shopping day of the year.


Investors are following sales trends closely to get a read on the health of retailers, and the wider economy.


The stock market closes Friday at 1 p.m. Eastern Time, the last trading day of the month. November is typically strong for the stock market. This year is no exception. The S&P 500 has gained 3.2 percent, the ninth month in 2013 that the index has advanced.


Lokasi:

Post a Comment for "Stocks higher at midday as Black Friday unfolds"