Off the wire
• Pakistani forces kill 108 terrorists in anti-terror operation: army  • Feature: Same "surprise" for many -- a gift from modern China  • Result of Chinese Super League  • Chinese Super League soccer standings  • Kyrgyzstan sentences opposition members for alleged coup plot  • China has 200 million autos  • China's Space Day celebrations centered in Xi'an  • 2nd LD Writethru: 5 killed, 4 injured in plane crash in Portugal  • Cuban FM visits Spain, first since 2008  • Spotlight: Erdogan declares referendum victory, opposition claims voting rigged  
You are here: 　 Home

U.S. stocks open higher after Good Friday

Xinhua, April 17, 2017 Adjust font size:

U.S. stocks opened higher Monday after a three-day holiday weekend as earnings season heated up.

A slew of notable companies will report quarterly results during the week, with the United Continental Holdings Inc. and the Netflix Inc. kicking off after Monday's closing bell.

The latest data from Thomson Reuters showed that the S&P 500 companies' blended earnings in the first quarter of 2017 are expected to gain 10.4 percent year on year, while the revenues are forecast to increase 7 percent.

Business activity grew at a more subdued pace in New York State, according to firms responding to the April 2017 Empire State Manufacturing Survey. The headline general business conditions index fell 11 points to 5.2.

Shortly after the opening bell, the Dow Jones Industrial Average rose 59.00 points, or 0.29 percent, to 20,512.25. The S&P 500 added 5.55 points, or 0.24 percent, to 2,334.50. The Nasdaq Composite Index increased 17.01 points, or 0.29 percent, to 5,822.16.

U.S. stock markets were closed Friday in observation of the Good Friday holiday. On Thursday, U.S. stocks pared early gains to end lower after the U.S. military dropped the largest non-nuclear bomb in Afghanistan on an Islamic State target. Endi