NEW YORK (AP) – U.S. market indexes are moving higher in midday trading as technology and energy stocks notch gains.
Traders were encouraged Thursday by stronger earnings at U.S. companies, a big acquisition in the online travel business and news of a cease-fire deal in Ukraine.
The Dow Jones industrial average rose 59 points, 0.3 percent, to 17,922 as of 11:45 a.m. Eastern.
The Standard & Poor’s 500 index gained 13 points, or 0.7 percent, to 2,082. The Nasdaq rose 38 points, or 0.8 percent, to 4,839.
Cisco Systems jumped 9 percent after reporting better-than-expected earnings.