At 10.00 am ET, the Dow Jones Industrial Average was up 13.58 points, or 0.07 percent, at 20,676.8, the S&P 500 was up 1.31 points, or 0.05 percent, at 2,364.03. Five of the 11 major S&P 500 sectors were little changed. The S&P 500 is trading at about 18 times earnings estimates for the next 12 months, above its long-term average of 15. Overall earnings at S&P 500 companies are estimated to have risen about 10 percent in the first quarter, according to Thomson Reuters. The S&P 500 index showed 16 52-week highs and three lows, while the Nasdaq recorded 62 highs and nine lows.
Source: Egypt Independent April 03, 2017 15:33 UTC