[video] Markets Set to Add Over One Percent for the Week
Written by: TheStreet Staff
Tickers in this article: F GM TXT
NEW YORK (TheStreet) -- Stocks edged higher in early trading and Textron is buying the parent company of Beechcraft in a cash deal valued at $1.4 billion.
Good morning and happy Friday. I'm Jeanne Yurman.
Stocks are moving higher once again in this last day of the holiday shortened trading week. If markets hold on to gains today this will mark the seventh straight advance for stocks--the longest streak since March. All three major stock gauges are poised for weekly gains of well over one percent.
In corporate news, industrial conglomerate Textron
And a major recall for General Motors
Separately, according to China's watchdog, Ford Motor
And those are your morning headlines. For TheStreet, I'm Jeanne Yurman in New York.
Written by Jeanne Yurman in New York.