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Sat, Jan 31, 2015




Updated Wednesday, February 27, 2013 at 09:55 AM

Stocks up on Wall Street; led by retailers

By The Associated Press
The Associated Press

Stocks are rising in early trading on Wall Street, helped by gains from discount retailers and strong orders for factory goods.

A 22-percent jump in earnings from Dollar Tree Inc. showed that consumers spent more at the chain's stores. And the Commerce Department says orders for so-called core capital goods, including industrial machinery, construction equipment and computers, rose 6.3 percent in January. The increase suggests companies are willing to expand their production capacities.

Shortly after the opening bell Wednesday the Dow Jones industrial average was up 25 points to 13,925. That follows Tuesday's rise of more than 115.96 points thanks to strong U.S. home sales and earnings from Home Depot.

The Standard & Poor's 500 index was up three points at 1,499. The Nasdaq rose 3 points to 3,133.


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