Stocks opened higher today as foreign ma
NEW YORK (AP) _ Stocks opened higher today as foreign markets settled down in the aftermath of Friday’s worldwide financial flare-up.
At 10 a.m. on Wall Street, the Dow Jones industrial average was up 72.20 at 7653.52. The Dow lost nearly 102 points on Friday after a sharp selloff in Japan rattled financial markets around the world.
Broader stock measures also started the week strong, recovering a chunk of Friday’s losses.
Advancing issues outnumbered decliners by a 5-to-2 margin on the New York Stock Exchange, where volume came to 52.98 million shares, down sharply from Friday’s early pace.
The Standard & Poor’s 500 list was up 8.14 at 935.65, and the NYSE composite index was up 3.77 at 491.06.
The Nasdaq composite index was up 9.75 at 1,612.15, and the American Stock Exchange composite index was up 3.68 at 681.95.
Overseas, Tokyo’s Nikkei stock average fell 0.9 percent. In afternoon trading, Frankfurt’s DAX index was up 1.4 percent and London’s FT-SE 100 was up 0.8 percent.