U.S. Stocks Follow World Stocks Higher
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Following the long Memorial Day weekend, U.S. stocks opened higher.
With less than an hour left in the morning session, the Dow Jones is up 64 points, the S&P 500 is up nearly 7 and the Nasdaq is up nearly 16 points.
U.S. stocks are following world stocks higher.
In Asia, the Nikkei and Hang Seng rose 2%. In Europe, the FTSE is up 1% and the DAX is up 2%. Upside in Japan was driven by expectation for stronger industrial output and a weaker yen. Hopes for a resolution for debt-laden Greece helped in Europe.
With less than an hour left in the morning session, the Dow Jones is up 64 points, the S&P 500 is up nearly 7 and the Nasdaq is up nearly 16 points.
U.S. stocks are following world stocks higher.
In Asia, the Nikkei and Hang Seng rose 2%. In Europe, the FTSE is up 1% and the DAX is up 2%. Upside in Japan was driven by expectation for stronger industrial output and a weaker yen. Hopes for a resolution for debt-laden Greece helped in Europe.
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