US stocks rise in their return from the Juneteenth holiday


Source: baytoday.ca baytoday.ca

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NEW YORK (AP) — U.S. stocks are drifting higher in their return to trading following the Juneteenth holiday. The S&P 500 rose 0.4% Friday and added to its modest gain for the week. The Dow Jones Industrial Average climbed 159 points, and the Nasdaq composite gained 0.6%. CarMax jumped to one of the market’s bigger gains after reporting a stronger profit than analysts expected. Treasury yields also edged higher in the bond market after President Donald Trump said he will decide within two weeks whether the U.S. military will get directly involved in Israel’s fighting with Iran. Stocks indexes rose...