By Canadian Press

Markets Right Now: US indexes open at record highs

Feb 13, 2017 | 5:45 AM

NEW YORK — The latest on developments in financial markets (All times local):

9:35 a.m.

Stocks extended their march further into record territory in early trading as banks and materials companies posted solid gains.

Steelmaker Nucor rose 4 per cent in early trading Monday, while JPMorgan Chase gained 1.3 per cent.

In deal news, Zeltiq esthetics soared 12.6 per cent after agreeing to be acquired by Allergan, which makes Botox, for $2.5 billion.

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The Standard & Poor’s 500 index rose 8 points, or 0.3 per cent, to 2,323.

The Dow Jones industrial average gained 88 points, or 0.4 per cent, to 20,360. The Nasdaq composite rose 23 points, or 0.4 per cent, to 5,758.

The Associated Press

by Canadian Press

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