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Stocks set for higher open on Bank of America plan

Dec 3, 2009 @ 07:53 AM, Business, Angela Moon; Editing By Jeffrey Benkoe)

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Stocks open higher on BofA, jobs data 1
Stocks open higher on BofA, jobs data 1
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NEW YORK (Reuters) - U.S. stocks gained at the open on Thursday after Bank of America Corp (BAC.N) said it would repay $45 billion in taxpayer bailout funds and data showed initial jobless claims fell last week.

The Dow Jones industrial average .DJI was up 24.57 points, or 0.24 percent, at 10,477.25. The Standard & Poor's 500 Index .SPX gained 3.22 points, or 0.29 percent, at 1,112.46. The Nasdaq Composite Index .IXIC rose 10.36 points, or 0.47 percent, at 2,195.39.

Source: Reuters


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