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US stocks gain ground as banks and industrial companies rise

March 16, 2018

Via: ABC News

U.S. stocks are rising Friday as industrial companies and banks make gains. While retailers are mostly higher, jewelry chain Tiffany is falling after a weak sales report and disappointing forecast. The S&P 500 has slipped for four days in a row and is still down 1 percent this week.

KEEPING SCORE: The S&P 500 index gained 11 points, or 0.4 percent, to 2,758 as of 11:45 a.m. Eastern time. The Dow Jones industrial average added 123 points, or 0.5 percent, to 24,997. The Nasdaq composite climbed 11 points, or 0.2 percent, to 7,492. The Russell 2000 index of smaller-company stocks jumped 10 points, or 0.7 percent, to 1,587.

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