Stocks edge higher on Wal-Mart, lower oil
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| Posted
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Mon, 12 May 2008 13:45:06 GMT |
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Reuters |
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US (Business) |
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NEW YORK (Reuters) - Stocks edged higher on Monday as the dollar rose toward a two-month peak, helping push the price of oil below record highs and as Wal-Mart gained after a brokerage raised its price target.The Dow Jones industrial average <.DJI> was up 26.78 points, or 0.21 percent, at 12,772.66. The Standard & Poor's 500 Index <.SPX> was up 1.93 points, or 0.14 percent, at 1,390.21. The Nasdaq Composite Index <.IXIC> was up 2.98 points, or 0.12 percent, at 2,448.50.(Reporting by Jennifer Coogan; Editing by Kenneth Barry)
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