- Americans think 22 is the ideal age to get a credit card—but money experts disagree
- California GOP House candidate Kim takes slight lead over Democrat Cisneros in crucial CA race
- 'The whole world economy' is at risk if US-China trade war gets much worse, SocGen chair
- Kavanaugh accuser seeks terms for testimony as deadline looms
- U.S. Justice Department may delay state AG meeting relating to social media: source
The latest on developments in financial markets (all times local):
Continue Reading Below
Stocks are opening with modest gains after the Federal Reserve said U.S. industrial production jumped in August.
The central bank said production of cars, oil and natural gas rose while output at mines and utilities also grew.
Bond yields rose Friday, sending bank stocks higher. JPMorgan Chase gained 0.7 percent and State Street rose 1.1 percent.
The yield on the 10-year Treasury note rose to 3 percent.
The S&P 500 index rose 2 points, or 0.1 percent, to 2,906.
The Dow Jones Industrial Average added 37 points, or 0.2 percent, to 26,183. The Nasdaq composite gained 9 points, or 0.1 percent, to 8,022.