Higher open as retail sales rise

Retail sales rose 0.4% in December to lift the markets to a higher open with the Dow climbing 64 points to 25,638. Nasdaq slipped 3 points to 7208.


On the upside


Shares of Rite Aid (NYSE: RAD) climbed for the fourth day in a row.


Synaptics (Nasdaq: SYNA) stock continued to advance.


Shares of Twitter (NYSE: TWTR) rose after Facebook (Nasdaq: FB) announced changes to its news feed that could lower its ad revenue.


On the downside


Morgan Stanley downgraded Etsy (Nasdaq: ETSY) from an Equal Weight rating to an Underweight rating.


Facebook (Nasdaq: FB) will change its news feed to present more stories from users' friends and families over those created by companies.


Former Aflac (NYSE: AFL) employees have sued the insurance firm for exploitation.


In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 3 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 added 3 points to 2,770. Bitcoin leaped $828 to $13,894.


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.