NEW YORK — U.S. stock indexes are opening slightly higher as the market rebounds from a loss the day before.
US market indexes move higher in early trading; Avanir Pharmaceuticals soars on deal news
December 2, 2014 at 2:45PM
Avanir Pharmaceuticals soared 13 percent after the company agreed to be acquired by Otsuka Pharmaceutical for $3.5 billion in cash.
Royal Caribbean rose 4 percent after the company was added to the Standard & Poor's 500 index, replacing the packaging maker Bemis.
The Dow Jones industrial average rose 46 points, or 0.3 percent, to 17,823 as of 9:35 a.m. Eastern time Tuesday.
The S&P 500 rose four points, or 0.2 percent, to 2,057. The Nasdaq composite rose 11 points, or 0.2 percent, to 4,738.
The price of crude oil fell $1.12 to $67.89 a barrel in New York.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.27 percent.
about the writer
While most baby boomers and Gen Xers are finding ways to stay in their house until death, digital nomads Scott and Kate Carlson are choosing to rent in different locations for three months at a time while working remotely.
