Stocks open slightly higher, but on track for losing week

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Stocks opened slightly higher Friday, but major indexes were on track to end a five-week run of weekly gains. The Dow Jones Industrial Average DJIA, +0.25% rose 89 points, or 0.2%, while the S&P 500 SPX, +0.14% edged up 0.1% to 4,655 and the Nasdaq Composite COMP, +0.22% rose 0.2% to 15,741. Gains for the Dow were led by Johnson & Johnson JNJ, +1.41%, up 1.8%, after the healthcare company announced plans to split. the Dow was on track for a 0.9% weekly fall, while the S&P 500 was off 1% and the Nasdaq was headed for a 1.6% pullback.

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

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