Wall Street Opens Higher as Banks, Housing Keep Mood Buoyant; Dow up 175 Pts By Investing.com
By Geoffrey Smith Investing.com -- U.S. stock markets opened mostly higher on Friday, as robust earnings from Main Street banks and a sharp rebound in housing starts in March sustained the positive mood created by Thursday's retail sales and jobless claims data. By 9:45 AM ET (1345 GMT). the Dow Jones Industrial Average had pushed to a new record high of 34,213 points, up 177 points, or 0.5% from Thursday's close. The S&P 500 was up 0.2% but the Nasdaq Composite was down 0.2% as strong economic data again encouraged outflows into cyclical and value...
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