Tag: general electric co

  • Stocks Open Higher After Solid Earnings

    U.S. stocks opened more than 1% high on Friday, buoyed by a round of solid corporate earnings reports. The Dow Jones Industrial Average lately rose 164.05 points, or 1.42%, to 11,705.83. The Standard & Poor’s 500 Index gained 16.81 points, or 1.38%, to 1,232.20. The Nasdaq Composite Index added 33.23 points, or 1.28%, to 2,631.85.…

  • Stocks Open Mostly Off as Caterpillar Weighs

    U.S. stocks struggled Friday as Caterpillar’s profit missed estimates. The Dow Jones Industrial Average lately fell 57.59 points to 12,666.82. The Standard & Poor’s 500 Index was down 4.491 points to 1,339.31. The Nasdaq Composite Index was off 1,339.31 point to 2,834.26. Caterpillar Inc.’s second-quarter earnings surged 44%, but fell short of views, as machinery…