Stocks move slightly higher, remain on track for losing week

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U.S. stocks opened near unchanged Friday, then moved slightly higher, leaving major indexes on track for a losing week as the spread of the delta variant...

U.S. stocks opened near unchanged Friday, then moved slightly higher, leaving major indexes on track for a losing week as the spread of the delta variant that causes COVID-19 stoked worries about global economic growth prospects.

Losses for stock-index futures were erased ahead of the opening bell after Dallas Fed President Robert Kaplan, in a television interview, indicated he would reconsider his calls for a quick tapering of the central bank's asset-buying program if COVID-19 begins to affect the outlook. The Dow Jones Industrial Average DJIA, +0.34% rose 33 points, or 0.1%, to 34,927, while the S&P 500 SPX, +0.44% rose 0.2% to 4,415. The Nasdaq Composite was up 0.4% at 14,593. The Dow was on track for a 1.

 

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