Wall Street opens higher for second session
2017-05-19 15:09:39 GMT (Economies.com)
Wall Street opens higher for second session

U.S. stock indices opened higher on Friday for the second session in a row amid a lack of data from the world's largest economy, as Apple leads the pack higher on short-covering after stocks marked the worst daily performance since November earlier in the week. 

 

Markets await Saint Louis Fed president James Bollard's speech later today about the U.S. economy and monetary policy, while San Francisco Fed president John Williams will talk about policymaker's vision in El Camino school in Saint Louis. 

 

In the U.S., vice Attorney General Rod Rosenstein hired former FBI chief Robert Mueller as a special prosecutor in Russia's intervention in U.S. elections, which led to Donald Trump as the 45th president. 

 

Hopes faded for wide economic reforms by president Trump in healthcare, tax reforms and others after reports said that Trump asked former FBI chief to drop an investigation into former national security adviser Micheal Flyn's relation with Russia, sparking speculation about Trump's firing of Comey later as retribution. 

 

As of 03:43 GMT, Standard and Poor's 500 rose 0.64%, or 15.10 points to 2,380.82, while Dow Jones added 0.45%, or 93.08 points to 20,756.10. 

 

Tech-heavy NASDAQ surged 0.64%, or 38.49 points to 6,093.62. 

 
 
 
  Symbol Last Change Chg.%
1.1841
-0.0064
0.5405%
1.3470
-0.0018
0.1360%
17.127
0.141
0.833%
52.165
1.520
3.001%
58.88
2.02
3.55%
1309.455
12.610
0.972%
 
US
 
Europe
 
Asia