Stocks open higher, on track for best week since August on fiscal stimulus hopes

/ / News

U.S. stocks rose at the start of Friday’s trade as fiscal stimulus negotiations appeared to move towards a more comprehensive package after the White House signaled it was open to a broader deal instead of standalone measures. The S&P 500 rose 0.5% to 3,465. The Nasdaq Composite added 0.5% to 11,481. The Dow Jones Industrial Average gained 139 points, or 0.5%, to 28,564. Shares of Advanced Micro Devices Inc. faltered after The Wall Street Journal reported it was in talks to buy rival chip maker Xilinx Inc.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.