US stock market gains in midday trading
NEW YORK (AP) — Stocks are moving slightly higher in midday trading as investors look ahead to a busy week for corporate earnings.
The Dow Jones industrial average rose 30 points, or 0.2 percent, to 18,086 as of 11:45 am. Eastern time.
The Standard & Poor’s 500 index rose three points, or 0.2 percent, to 2,105. The Nasdaq composite increased 25 points, or 0.5 percent, to 5,021.
JetBlue Airways surged 6 percent after the airline reported a big increase in passengers last month.
The market is coming off a second weekly gain in a row. It hasn’t had a three-week winning streak since late February.
Bond prices didn’t move much. The yield on the 10-year Treasury note held steady at 1.95 percent.