U.S. stocks open higher after durable-goods orders stronger than expected

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U.S. stocks opened higher Tuesday as investors weighed fresh data showing durable-goods orders in May were stronger than expected. The Dow Jones Industrial Average was up 0.1% soon after the opening bell:

U.S. stocks opened higher Tuesday as investors weighed fresh data showing durable-goods orders in May were stronger than expected. The Dow Jones Industrial Average DJIA, +0.19% was up 0.1% soon after the opening bell, while the S&P 500 SPX, +0.34% rose 0.

3% and the Nasdaq Composite COMP, +0.64% climbed 0.4%, according to FactSet data, at last check. New orders for manufactured durable goods jumped 1.7% in May, rising for a third a straight month, the U.S. Census Bureau said Tuesday. Economists polled by the Wall Street Journal had expected a decline of 0.9%.

 

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