US stock indexes broadly higher in early trading; oil rises – Minneapolis Star Tribune

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U.S. stock indexes edged higher in morning trading Friday, recovering some of their losses from a day earlier. Consumer-focused companies and industrials stocks led the gainers. Energy companies were down the most. Investors were sizing up the latest company earnings and deal news and adjusting portfolios in the final hours of the second quarter. Oil was headed higher.

KEEPING SCORE: The Standard & Poor’s 500 index rose 5 points, or 0.2 percent, to 2,424 as of 11:06 a.m. Eastern time. The Dow Jones industrial average gained 67 points, or 0.3 percent, to 21,354. The Nasdaq composite added 6 points, or 0.1 percent, to 6,150. The Russell 2000 index of small-company stocks gave up less than 1 point, or 0.1 percent, to 1,415. The stock market was coming off a slide led by a steep decline by technology companies.

QUARTER’S END: With the second quarter of the year coming to an end, some investors traditionally look to close out positions and book profits. That can make trading choppy in the final hours of the day.