Stocks open higher as Dow heads for longest weekly losing streak since 1932

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Stocks opened higher Friday, attempting to bounce at the end of what’s shaping up to be another losing week for major indexes. The Dow Jones Industrial Average DJIA, +0.03% was up 217 points, or 0.7%, at 31,470, while the S&P 500 SPX, +0.01% gained 0.9% to trade at 3,936. The Nasdaq Composite COMP, -0.30% was up 1.2% near 11,522. The Dow and S&P 500 closed Thursday at their lowest since March 2021. The Dow was on track for a 2.3% weekly fall, which would be its eighth straight and the longest since 1932, according to Dow Jones Market Data.

This article was originally published by Marketwatch.com. Read the original article here.

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