US stocks move higher as companies post results - WDRB 41 Louisville News

US stocks move higher as companies post results

Posted: Updated:
(AP Photo/Richard Drew). Trader Dudley Devine, center, works on the floor of the New York Stock Exchange, Friday, July 18, 2014. (AP Photo/Richard Drew). Trader Dudley Devine, center, works on the floor of the New York Stock Exchange, Friday, July 18, 2014.
(AP Photo/Richard Drew). Trader Steven Kaplan, foreground right, works on the floor of the New York Stock Exchange Friday, July 18, 2014. (AP Photo/Richard Drew). Trader Steven Kaplan, foreground right, works on the floor of the New York Stock Exchange Friday, July 18, 2014.
(AP Photo/Richard Drew). Kenneth Polcari, third left, works with fellow traders on the floor of the New York Stock Exchange Friday, July 18, 2014. (AP Photo/Richard Drew). Kenneth Polcari, third left, works with fellow traders on the floor of the New York Stock Exchange Friday, July 18, 2014.
(AP Photo/Richard Drew). Specialist Meric Greenbaum, left, and trader John Liotti work on the floor of the New York Stock Exchange Friday, July 18, 2014. (AP Photo/Richard Drew). Specialist Meric Greenbaum, left, and trader John Liotti work on the floor of the New York Stock Exchange Friday, July 18, 2014.
(AP Photo/Richard Drew). Specialist Robert Tuccillo studies his monitors as he works on the floor of the New York Stock Exchange Friday, July 18, 2014. (AP Photo/Richard Drew). Specialist Robert Tuccillo studies his monitors as he works on the floor of the New York Stock Exchange Friday, July 18, 2014.

NEW YORK (AP) - U.S. stocks are moving higher after Google, Honeywell and other big companies report their quarterly results.

The Dow Jones industrial average rose 96 points, or 0.6 percent, to 17,072 as of midday Friday.

The Standard & Poor's 500 index rose 14 points, or 0.8 percent, to 1,972. The Nasdaq composite rose 49 points, or 1.1 percent, to 4,412.

Markets were recovering a day after being rattled by the downing of a passenger jet over eastern Ukraine and Israel's launch of a ground offensive into Gaza.

Honeywell International rose 1 percent after reporting that its income rose sharply in the latest quarter and beat investors' forecasts. Google also rose after reporting its results.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.48 percent.

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 This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WDRB. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.