Comment on Markets Right Now: Stocks open higher on Wall Street

Markets Right Now: Stocks open higher on Wall Street

NEW YORK (AP) — The latest on developments in financial markets (All times local): 9:35 a.m. Stocks are opening higher on Wall Street, and some of the biggest gains went to retailers and technology companies. Macy's jumped 3 percent in early trading Tuesday after naming a former eBay executive as its president, and DSW soared 21 percent after reporting a much stronger quarter than analysts expected. Coty slumped 10 percent after reporting earnings that fell short of analysts' forecasts. The Standard & Poor's 500 index rose 12 points, or 0.5 percent, to 2,440. The Dow Jones industrial average climbed 97 points, or 0.5 percent, to 21,800.

 

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