While you were sleeping: Wall Street moves higher

Mon, 11 Aug 2014

By Margreet Dietz Aug. 12 (BusinessDesk) - Wall Street advanced as geopolitical concerns eased, allowing investors to shift their attention to better-than-expected US corporate earnings and rising optimism about the outlook for the world’s largest economy. In late afternoon trading in New York, the Dow Jones Industrial Average gained 0.17 percent, the Standard & Poor’s 500 Index rose 0.33 percent, while the Nasdaq Composite Index advanced 0.67 percent. Gains in shares of Intel and Caterpillar, both up 1.3 percent most r...

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