US stocks open higher; S&P 500 at 2,000 points
Source: AP-Excite
By ALEX VEIGA
U.S. stocks opened slightly higher on Tuesday as investors weighed the latest batch of corporate deal news and mixed economic reports on home prices and demand for big-ticket items. The Standard & Poor's 500 index held at 2,000, extending the prior day's gains.
KEEPING SCORE: The S&P 500 rose two points, or 0.1 percent, to 2,000 as of 10:02 a.m. Eastern. The Dow Jones industrial average added 32 points, or 0.2 percent, to 17,109. The Nasdaq composite gained one point, or 0.04 percent, to 4,559.
GAMING PLAY: Amazon rose 1 percent in early trading after saying that it would buy video streaming company Twitch for $970 million in cash. The stock climbed $3.17 to $337.22.
SERVED UP: Burger King confirmed it has agreed to buy Tim Hortons of Canada for about $11 billion, a move that would give the fast-food hamburger chain a stronger foothold in the coffee and breakfast market. The stock rose 40 cents, or 1.2 percent, to $32.79.
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FILE - In this May 11, 2007, file photo, a Wall Street sign is mounted near the flag-draped facade of the New York Stock Exchange. Global stock markets were mostly higher Monday, Aug. 25, 2014, after top central bankers in Europe and Japan said support for their economies would continue and additional help is possible. Investors are hoping the stock market will pick up steam this week. (AP Photo/Richard Drew, File)
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