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MW: Bank of America up 2.6% to lead Dow gains |
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Stocks rose in mid-day trading in New York with shares of Bank of America Corp. and Johnson & Johnson in focus.
The Dow Jones Industrial Average INDU +0.58% rose 0.55% to 13,168.56.
Twenty-seven stocks in the index rose while 3 fell as of 11:48 a.m.
Bank of America Corp. BAC +2.83% rose 2.6% to $7.62.
Hewlett-Packard Co. HPQ +2.71% rose 2.4% to $18.69.
Cisco Systems Inc. CSCO +2.34% rose 2.2% to $16.71.
Johnson & Johnson JNJ -0.39% fell 0.3% to $68.93.
Home Depot Inc. HD -0.02% was flat at $52.25.
Wal-Mart Stores Inc. WMT -0.08% was flat at $74.52.
The S&P 500 SPX +0.51% edged up 0.47% to 1,397.48.
Material XLB +1.01% stocks were the best performers in the index.
Utility stocks XLU -0.26% lagged.
The NASDAQ Composite Index COMP +0.91% rose 0.9% to 2,993.26.
Yields on U.S. 10-year notes 10_YEAR -1.79% fell 2.68 basis points to 1.54 percent.
The U.S. dollar index DXY -0.18% fell 0.24 points to 82.132.
Gold GCM2 rose $7.80 to $1,617.1 an ounce.
Oil CLN2 rose $0.48 to $91.88 a barrel.
-Tom Bemis
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