the republic logo

US stocks open higher as companies report solid quarterly earnings; Apple, Harley-Davidson up

bug
Share/Save/Bookmark

NEW YORK — Stocks are opening higher after several big companies reported results that pleased investors.

Apple and Harley-Davidson both rose after releasing their latest quarterly figures. Apple gained 3 percent after predicting strong holiday sales, and Harley-Davidson jumped 8 percent after its results beat analysts' forecasts.

The Standard & Poor's 500 index rose 15 points, or 0.8 percent, to 1,919 as of 9:35 a.m. Eastern time Tuesday.

The Nasdaq composite rose 47 points, or 1.1 percent, to 4,364. The Dow Jones industrial average increased 70 points, or 0.4 percent, to 16,461.

The price of oil rose. U.S. crude gained $1.14 to $83.08 a barrel.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.21 percent.

Think your friends should see this? Share it with them!

Story copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2014 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.