2010-07-26

Markets open slighter higher on FedEx outlook


(Reuters) - Stocks opened slightly higher on Monday after FedEx Corp (FDX.N) raised its earnings outlook as investors also awaited data on new home sales for June. The Dow Jones industrial average .DJI was up 7.87 points, or 0.08 percent, at 10,432.49. The Standard & Poor's 500 Index .SPX was up 0.23 points, or 0.02 percent, at 1,102.89. The Nasdaq Composite Index .IXIC was up 2.47 points, or 0.11 percent, at 2,271.94. (Reporting by Ryan Vlastelica)

 

 


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