US stock indexes inch higher; Homebuilders gain

AP News
|
Posted: Nov 11, 2014 11:57 AM
US stock indexes inch higher; Homebuilders gain

NEW YORK (AP) — Small advances are keeping major U.S. stock indexes at record levels in midday trading.

Homebuilders advanced Tuesday after D.R. Horton reported a surge in orders. It was the second day in a row of good results from the industry.

The Standard & Poor's 500 index edged up half a point to 2,038 as of 11:55 a.m. Eastern time.

The Dow Jones industrial average rose nine points, less than 0.1 percent, to 17,623.

The Nasdaq composite was flat at 4,652.

The S&P 500 has closed at record highs four days straight, and has had 39 record closes so far this year.

Bond trading was closed for Veterans Day.