Stocks open above 4-year closing highsMajor stock indexes are opening above four-year closing highs.
By: The Associated Press, Superior Telegram
NEW YORK (AP) — Major stock indexes are opening above four-year closing highs.
The Dow Jones industrial average is up 11 points to 13,282 shortly after the opening bell on Tuesday. That's above its four-year closing high of 13,279 reached May 1.
The broader Standard & Poor's 500 index is up four points to 1,422. The Nasdaq composite index rose 13 points to 3,089.
Markets in Europe edged up amid hints of progress in calming the region's debt crisis. Spain managed to raise $5.4 billion from bond investors at sharply lower interest rates than at the last such auction.
Germany's DAX added 0.5 percent and France's CAC-40 0.7 percent.