US stocks open higher, breaking a weeklong losing streak

Jun 10, 2015, 7:24 AM

NEW YORK (AP) — U.S. stocks are opening higher, breaking a weeklong slump.

Johnson Controls jumped 4 percent early Wednesday after the company said it was considering a sale of its automotive business.

The Dow Jones industrial average gained 101 points, or 0.6 percent, to 17,866. The Dow turned positive for the year.

The Standard & Poor’s 500 index rose 12 points, or 0.6 percent, to 2,092. The Nasdaq composite rose 21 points, or 0.4 percent, to 5,035.

Energy stocks rose more than the rest of the market as the price of oil climbed again. Chevron rose the most in the Dow.

Bond prices fell. The yield on the 10-year Treasury note rose as high as 2.49 percent, its highest level of the year.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

World News

A fisherman watches smoke rise after Russian forces launched a missile attack on a military unit in...
Associated Press

Russia’s Black Sea Fleet headquarters hit by drone strike

An explosive device carried by a makeshift drone blew up Sunday at the headquarters of Russia's Black Sea Fleet on the Crimean Peninsula.
10 days ago
Medical syringes are seen with 'Monkeypox' sign displayed on a screen in the backgound in this illu...
Associated Press

Monkeypox declared a global emergency by UN health agency

The expanding monkeypox outbreak in more than 70 countries is an “extraordinary” situation that qualifies as a global emergency.
18 days ago
Chinese paramilitary policemen march in front of the Japanese embassy where the Japanese flag is fl...
Associated Press

Japan’s ex-leader Shinzo Abe assassinated during a speech

TOKYO (AP) — Former Prime Minister Shinzo Abe was assassinated Friday on a street in western Japan by a gunman who opened fire on him from behind as he delivered a campaign speech — an attack that stunned a nation with some of the strictest gun control laws anywhere. The 67-year-old Abe, who was Japan’s […]
1 month ago
Firefighters hose down a burning car after a strike hit a residential area, in Kramatorsk, Donetsk ...
Associated Press

Russia taking ‘operational pause’ in Ukraine, analysts say

Analysts say Russia may be taking an "operational pause" in eastern Ukraine to reassemble forces for a significant offensive.
1 month ago
Prime Minister Boris Johnson enters 10 Downing Street, after reading a statement in London, Thursda...
Associated Press

One scandal too many: British PM Boris Johnson resigns

LONDON (AP) — Prime Minister Boris Johnson announced his resignation Thursday after droves of top government officials quit over the latest scandal to engulf him, marking an end to three tumultuous years in which he tried to bluster his way through one ethical lapse after another. Months of defiance ended almost with a shrug as […]
1 month ago
Prime Minister Boris Johnson enters 10 Downing Street, after reading a statement in London, Thursda...
Sponsored Content by

LONDON (AP) — Prime Minister Boris Johnson announced his resignation Thursday after droves of top government officials quit over the latest scandal to engulf him, marking an end to three tumultuous years in which he tried to bluster his way through one ethical lapse after another. Months of defiance ended almost with a shrug as […]

Sponsored Articles

...
Day & Night Air Conditioning, Heating and Plumbing

Here are 4 signs the HVAC unit needs to be replaced

PHOENIX — When you think about home investments, what’s the first thing that comes to mind? Was it the air conditioning unit? Pool renovations and kitchen upgrades may seem enticing, but at the forefront of these investments arguably should be what residents use the most. In a state where summertime is sweltering, access to a […]
...
Mayo Clinic Orthopedics and Sports Medicine

Why your student-athlete’s physical should be conducted by a sports medicine specialist

Dr. Anastasi from Mayo Clinic Orthopedics and Sports Medicine in Tempe answers some of the most common questions.
...
Dr. Richard Carmona

Great news: Children under 5 can now get COVID-19 vaccine

After more than two years of battle with an invisible killer, we can now vaccinate the youngest among us against COVID-19. This is great news.
US stocks open higher, breaking a weeklong losing streak