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Stocks turn higher on strong job openings report

Created on Tuesday, 07 February 2012 09:52

Category: US Markets

NEW YORK (AP) -- Stocks are rising at midday as investors turn their focus to positive news about U.S. job openings, the latest sign that the economy is recovering.

The Dow Jones industrial average rose 31 points to 12,876 shortly before noon Eastern. The Standard & Poor's 500 gained 2 points to 1,346. The Nasdaq composite rose 8 points to 2,909.

Indexes turned higher in midmorning trading Tuesday after the government reported that the number of available jobs in the United States jumped in December to the highest level in nearly three years.

Earlier in the day, stocks fell on more troublesome news in Greece, where talks dragged on over terms of new spending cuts.

Courtesy Yahoo Financial News

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