NEW YORK (AP) — Stocks are opening higher on Wall Street Monday following the first weekly decline in the S&P 500 this year.
The Dow Jones industrial average rose 75 points, or 0.5 percent, to 14,076, as of 10:02 a.m. EST. The Dow is within 90 points of the record high of 14,164 it reached in October 2007.
The Standard & Poor's 500 gained nine to 1,525 and the Nasdaq composite advanced 22 to 3,184.
Barnes & Noble rose $1, or 8 percent, to $14.64 after founder and chairman Leonard Riggio told the bookseller he is going to try to buy the company's retail business. Hertz advanced $1.36 to $20.07, despite posting a fourth-quarter loss, after the rental car company said that pricing improved, volume rose and it cut costs.
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