Arab Today, arab today us stocks open higher as banner 2013 winds down
Last Updated : GMT 23:06:43
Arab Today, arab today
Arab Today, arab today

US stocks open higher as banner 2013 winds down

Arab Today, arab today

Arab Today, arab today US stocks open higher as banner 2013 winds down

New York - AFP

US stocks Tuesday opened higher following a report showing rising home prices as investors kicked off the final session of a banner year for equities. Five minutes into trade, the Dow Jones Industrial Average rose 33.90 points (0.21 percent) to 16,538.19. The broad-based S&P 500 gained 2.95 (0.16 percent) at 1,844.02, while the tech-rich Nasdaq Composite Index added 10.17 (0.24 percent) at 4,164.37. Home prices for the 20 biggest US cities rose a seasonally adjusted 1.0 percent in October compared with the prior month, according to the S&P Case-Shiller home price index. US stocks in 2013 enjoyed by far their best year since the financial crisis five years ago, with the Dow gaining 25.9 percent, the S&P 500 jumping 29.1 percent and Nasdaq up 37.6 percent as of Monday's close. The jump in the Dow was the best percentage gain for that index since 1996, according S&P Dow Jones Indices.

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