Stocks open up on Fed, earnings, data

Thu Jan 26, 2012 2:36pm GMT
 

NEW YORK (Reuters) - Wall Street rose at the open on Thursday on a combination of an extended easy monetary policy from the Federal Reserve, strong earnings from Caterpillar and solid U.S. economic data.

The Dow Jones industrial average rose 43.51 points, or 0.34 percent, at 12,800.47. The Standard & Poor's 500 Index added 2.72 points, or 0.21 percent, at 1,328.78. The Nasdaq Composite Index gained 10.44 points, or 0.37 percent, at 2,828.75.

Traders work on the floor of the New York Stock Exchange, March 11, 2011.    REUTERS/Brendan McDermid

Market Update

  • Africa
  • US
  • Europe
  • Asia
  • CAC40
UK £ USD =1.5764
Euro USD =1.3192
Rand USD =0.1287