Markets Right Now: Stocks gain, approaching another record

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MARKETS: Stocks are opening broadly higher on Wall Street, with technology, health care and industrial companies leading the way.

Technology, health care and industrial companies led the way higher in early trading on Thursday. Every sector rose.

The gains came a day after the Federal Reserve said it was ready to cut interest rates if needed to protect the U.S. economy. The S&P 500 index rose 25 points, or 0.9 percent, to 2,952. That's about seven points above its record high close on April 30. The Dow Jones Industrial Average added 212 points, or 0.8%, to 26,718. The Nasdaq rose 82 points, or 1%, to 8,070.

 

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