Stocks edge higher on Wall Street; Citigroup leads an advance in banks after earnings gain

July 15, 2013 at 9:05PM

NEW YORK — Stocks are edging higher in midday trading on Wall Street as the market comes off its best week since January.

The Dow Jones industrial average was up eight points at 15,473 at midday Monday. The Standard & Poor's 500 index was up a point at 1,681. Both indexes reached all-time highs on Friday.

The Nasdaq composite was up five points at 3,604.

Citigroup led other financial stocks higher after the New York-based bank reported second-quarter earnings that were higher than analysts were expecting. Citi rose 1 percent to $51.24.

Harley-Davidson fell after an analyst cut his price target on the stock, saying rainy weather hurt motorcycle sales in the second quarter of the year. The stock fell 0.6 percent to $55.64.

about the writer

about the writer

More from Business

See More
Hennepin Healthcare Clinic and Specialty Center,l 8th Street between Park Av and Chicago Av.
The Minnesota Star Tribune

Minneapolis-based Hennepin Healthcare says it also will suspend contributions to some worker retirement plans while pausing $24 million in capital projects.

The newly renovated Parkway Theater is next door to the new restaurant El Burrito Mercado.
card image