Markets Right Now: Stocks open slightly higher | iNFOnews | Thompson-Okanagan's News Source

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Markets Right Now: Stocks open slightly higher

October 16, 2017 - 6:42 AM

NEW YORK - The latest on developments in financial markets (All times local):

9:35 a.m.

U.S. stock indexes are slightly higher in early trading on Wall Street, while several stocks were moving on deal news.

Restaurant chain Ruby Tuesday soared 19 per cent in the first few minutes of trading Monday after announcing it had agreed to be taken private.

Department store operator Nordstrom sank 4 per cent after saying it had temporarily suspended its own talks about being taken private.

Aramark, a food and uniform services company, rose 2.2 per cent after announcing two acquisitions.

The Standard & Poor's 500 index rose 4 points, or 0.2 per cent, to 2,557.

The Dow Jones industrial average rose 50 points, or 0.2 per cent, 22,921. The Nasdaq composite rose 17 points, or 0.3 per cent, to 6,623.

News from © The Associated Press, 2017
The Associated Press

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