BUZZ-U.S. Stocks on the Move-Facebook, Caterpillar, AT&T, Ford, GM
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)
U.S. stocks opened slightly higher on Thursday, following a record close on the S&P 500 index, lifted by strong job market data in the United States and overseas factory readings, while better than forecast results sent Facebook shares rallying. The Dow Jones industrial average was up 0.17 percent at 17,116.04, the S&P 500 was up 0.13 percent at 1,989.66 and the Nasdaq Composite was up 0.18 pct at 4,481.96.
** FACEBOOK INC, $74.82, +4.95 pct
Facebook's fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street's financial targets and sending shares to a record-high in after-hours trading on Wednesday.
** FORD MOTOR CO, $18.07, +1.63 pct
The car maker's operating earnings for the second quarter beat Wall Street expectations as better-than-expected profits in North America and Europe countered weaker results in Asia Pacific and South America.
** CATERPILLAR INC, $105.77, -2.41 pct Continued...