U.S. Stocks Open Slightly Higher, Still Set To Record Weekly Losses

MarketWatch Pulse

U.S. stocks opened a touch stronger on Friday, but the main indexes looked set to book hefty losses over the week. Investors assessed the final revision to the fourth-quarter GDP, which remained unchanged at 2.2%. The report also showed that quarterly corporate profits over the same period fell for the first time since 2008. Analysts hinted that worries about sluggish corporate profits had been weighing on sentiment lately. The S&P 500 opened 3 points, o 0.2%, higher at 2,059.28. The Dow Jones Industrial Average began the session up 26 points, or 0.1%, at 17,704. The Nasdaq Composite added 20 points, or 0.4%, to 4,884 shortly after the opening bell.

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