U.S. stocks opened higher on Friday, capping a mostly downbeat week for equities, weighed by U.S.-China trade tensions, which put the three main indexes on track to post consecutive weekly losses heading into the Memorial Day holiday. The Dow Jones Industrial Average DJIA, +0.62% rose 150 points, or 0.6%, at 25,651, set for a weekly slump of 1.1% and its fifth straight weekly loss, as of Thursday's close, the S&P 500 index SPX, +0.58% rose 17 points, or 0.6%, at 2,839, poised for a 1.
and China and Theresa May's announced resignation as U.K. prime minister amid her failed attempts at Brexit. In economic news, orders for durable goods-products designed to last at least three years, such as cars and appliances-fell 2.1% from the prior month to a seasonally adjusted $248.4 billion in April, the Commerce Department said Friday.
Early rally, market has been open for approx 10 minutes
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