US stocks inch higher as big dividend companies rise

US stocks inch higher as big dividend companies rise

6 years ago
Anonymous $oIHRkISgaL

https://apnews.com/6133b77bca85494d8caa280ca282f034

NEW YORK (AP) — U.S. stocks are slightly higher at midday Friday as a dip in bond yields sends high-dividend companies upward and strong sales from Deere help industrial companies. Chipmakers are sliding, leading losses for technology companies. Tesla is falling further on reports of a growing government investigation into the company.

KEEPING SCORE: The S&P 500 index rose 3 points, or 0.1 percent, to 2,844 as of noon Eastern time. The Dow Jones Industrial Average rose 82 points, or 0.3 percent, to 25,642. The Nasdaq composite fell 12 points, or 0.2 percent, to 7,793. The Russell 2000 index of smaller-company stocks stayed at 1,685.