Wall Street shares edged upwards in early trading ahead of a U.S. service-sector survey by the Institute of Supply Management (ISM).
The Dow Jones rose by 52.45 points (0.55%) to 9,540.12, propped up by gains in financial stocks after Goldman Sachs raised its outlook on the sector. The bank raised its view to 'attractive' from 'neutral' on both JP Morgan and Bank of America, which rose by 3.09% and 2.88% respectively. Caterpillar Inc shares were up 2.85% to reach $50.21, despite announcing plans to raise prices on most of its machinery by up to 2% next year However, pharmaceutical stocks suffered, with Merck dropping by 0.29% to reach $31.36 and Proctor & Gamble falling 0.56% to fall to $56.44 Meanwhile, in ...
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