US INDEXES MOVE HIGHER; URBAN OUTFITTERS SLIPS

The Associated Press

(AP) U.S. financial markets are moving higher in midday trading, with health care stocks among the biggest gainers.

Some encouraging news from Japan and Germany also helped lift markets.

The Standard & Poor’s 500 index added eight points, or 0.4 percent, to 2,049 as of 11:55 a.m. Eastern time.

The Dow Jones industrial average rose 40 points, or 0.2 percent, to 17,688. The Nasdaq composite gained 25 points, or 0.5 percent, to 4,696.

WANT TO BUILD A FINANCIAL EMPIRE?

Subscribe to the Global Banking & Finance Review Newsletter for FREE
Get Access to Exclusive Reports to Save Time & Money

By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
All emails include an unsubscribe link. You may opt-out at any time. See our privacy policy.

Nokia rose 4 percent after the Finnish technology company said it would introduce a tablet computer that runs the Android operating system.

Urban Outfitters sank 9 percent after its latest quarterly earnings missed analysts’ forecasts.

The price of oil fell $1.21 to $74.44 a barrel in New York. That helped send energy stocks lower.