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Stocks move slightly higher, remain on track for losing week

Stocks move slightly higher, remain on track for losing week

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U.S. stocks opened near unchanged Friday, then moved slightly higher, leaving major indexes on track for a losing week as the spread of the delta variant that causes COVID-19 stoked worries about global economic growth prospects. Losses for stock-index futures were erased ahead of the opening bell after Dallas Fed President Robert Kaplan, in a television interview, indicated he would reconsider his calls for a quick tapering of the central bank’s asset-buying program if COVID-19 begins to affect the outlook.

...read full article on Market Watch

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