US stocks open higher, led by technology and health care
Posted March 13, 2019 6:45 am.
This article is more than 5 years old.
NEW YORK — The latest on developments in financial markets (all times local):
9:40 a.m.
Stocks are opening mostly higher on Wall Street, led by gains in health care and technology companies.
Google’s parent company Alphabet added 1.3 per cent in the first few minutes of trading Wednesday. CVS Health rose 2.2 per cent.
Rite Aid surged 9 per cent after the company announced a management purge, which includes the CEO, and plans to cut 400 full-time positions.
The S&P 500 index rose 12 points, or 0.4 per cent, to 2,803.
The Dow Jones Industrial Average rose 100 points, or 0.4 per cent, to 25,657. The Nasdaq rose 36 points, or 0.5 per cent, to 7,626.
The Associated Press
