US Stocks Rise, Extending Last Week's Gains - KSWO 7News | Breaking News, Weather and Sports

US Stocks Rise, Extending Last Week's Gains

By The Associated Press

NEW YORK (AP) - The stock market is up in early trading as it builds on gains from last week's encouraging jobs report.

The Dow Jones industrial average was up 76 points at 15,212 shortly after the market opened. The Standard & Poor's 500 climbed seven points to 1,639. The Nasdaq was up 13 points to 3,492.

Stock indexes ended last week with a surge after the government reported that the economy added a stronger-than-expected 195,000 jobs in June.

This week, Wall Street turns its attention to the start of earnings season. Alcoa announces second-quarter results after the market closes Monday. Corporate America's profit growth is expected to slow from the first quarter.

Dell rose 2.3 percent in early, a day after Carl Icahn reiterated the benefits of his proposal for the company.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsNewsMore>>

  • Facebook: We're better at policing nudity than hate speech

    Facebook: We're better at policing nudity than hate speech

    Tuesday, May 15 2018 10:17 AM EDT2018-05-15 14:17:56 GMT
    Monday, May 21 2018 5:03 AM EDT2018-05-21 09:03:29 GMT
    For hate speech, Facebook's human reviewers and computer algorithms identified just 38 percent of the violations. (Source: Pixabay)For hate speech, Facebook's human reviewers and computer algorithms identified just 38 percent of the violations. (Source: Pixabay)

    Facebook report reveals its screening system is better at detecting some forms of offensive content than others.

    Facebook report reveals its screening system is better at detecting some forms of offensive content than others.

  • NRA links school violence to Ritalin but experts deny link

    NRA links school violence to Ritalin but experts deny link

    Sunday, May 20 2018 6:51 PM EDT2018-05-20 22:51:57 GMT
    Monday, May 21 2018 5:02 AM EDT2018-05-21 09:02:43 GMT
    (Elizabeth Conley/Houston Chronicle via AP). Flags fly at half staff in front of the justice center at Santa Fe, Texas on Sunday, May 20, 2018. Congregations in this deeply religious community near Houston gathered Sunday for their first worship servic...(Elizabeth Conley/Houston Chronicle via AP). Flags fly at half staff in front of the justice center at Santa Fe, Texas on Sunday, May 20, 2018. Congregations in this deeply religious community near Houston gathered Sunday for their first worship servic...
    The National Rifle Association's incoming president is linking school shootings to using medications such as Ritalin.
    The National Rifle Association's incoming president is linking school shootings to using medications such as Ritalin.
  • Cyclists tried to scare cougar but it attacked, killing 1

    Cyclists tried to scare cougar but it attacked, killing 1

    Sunday, May 20 2018 1:31 AM EDT2018-05-20 05:31:13 GMT
    Monday, May 21 2018 5:02 AM EDT2018-05-21 09:02:41 GMT
    (Alan Berner /The Seattle Times via AP). Washington State Fish and Wildlife Police confer with an individual from the King County Medical Examiner's and a King County Sheriff's deputy on a remote gravel road above Snoqualmie, WA., following a fatal cou...(Alan Berner /The Seattle Times via AP). Washington State Fish and Wildlife Police confer with an individual from the King County Medical Examiner's and a King County Sheriff's deputy on a remote gravel road above Snoqualmie, WA., following a fatal cou...

    Authorities say the cougar believed responsible for the attack has been euthanized.

    Authorities say the cougar believed responsible for the attack has been euthanized.

Powered by Frankly