S 500 Index Is On Track For A Third Weekly Gain

wochit business
February 21, 2014 AT 7:31 AM
Stocks are higher in midday trading as the Standard & Poor's 500 index heads for a third straight week of gains. climbed after the travel booking company reported strong earnings. The S&P 500 index rose five points, or 0.3 percent, to 1,844 as of noon Eastern time. Groupon plunged 18 percent after the online deals company forecast weak results for the whole year and said it would post a loss this quarter.