Stocks Rise Ahead of Memorial Day Weekend

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Stocks eked out modest gains in light trading Friday ahead of the long holiday weekend as investors eyed higher oil prices and a government report that showed rising personal incomes but declines in consumer spending.


In afternoon trading, the Dow Jones Industrial Average rose 7.32, or 0.1 percent, to 10,544.92. The Standard & Poor’s 500 Index was up 1.05, or 0.1 percent, at 1,198.67. The Nasdaq Composite Index rose 3.81, or 0.2 percent, to 2,075.05.


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