Stocks are opening moderately higher on Wall Street
NEW YORK (AP) — Stocks are opening moderately higher on Wall Street Thursday, led by gains in banks and technology companies. Solid gains for Goldman Sachs and Chevron sent the Dow Jones industrial average higher in early trading. Wells Fargo was also up, and Finish Line jumped after reporting a narrower loss than investors were expecting. Utilities and industrial companies were lower.
KEEPING SCORE: The Standard & Poor's 500 index rose 5 points, or 0.2 percent, to 2,684 as of 10:13 a.m. The Dow gained 81 points, or 0.3 percent, to 24,806. The Nasdaq composite rose 5 points, or 0.1 percent, to 6,966. The Russell 2000 index of smaller-company stocks rose 3 points, or 0.2 percent, to 1,543.
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