Stocks Open Up Despite Yahoo Downgrade
U.S. stocks are trading higher Wednesday despite the second broker downgrade of Internet search engine Yahoo Inc. this week.
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The Dow Jones industrial average is up 6.48 points, the S&P 500 is ahead 0.60 of a point and the Nasdaq 100 is up 0.15 of a point.
On Tuesday, markets couldn't hold onto early gains, with the Dow falling 2.6 points to 10,888, the Nasdaq Composite losing 6.7 points at 2,232 and the S&P 500 ended up 0.02 of a point at 1,257. Markets also fell on Monday after a strong holiday-shortened Thanksgiving week.
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