US stocks open higher on trade data

US stocks opened higher Friday following an unexpected drop in the trade deficit and strong trade data out of China.

Five minutes into trade, the Dow Jones Industrial Average gained 23.42 points (0.17 percent) at 13,967.47.

The S&P 500 index rose 3.57 (0.24 percent) to 1,512.96, while the tech-rich Nasdaq Composite Index jumped 13.73 (0.43 percent) to 3,178.86.

The US trade deficit shrank more than expected in December, to $38.5 billion instead of the $45.4 billion estimated by analysts.

Also Friday, China's trade surplus rose sharply in January, with both exports and imports beating expectations, as the country maintained its economic recovery on improving demand.

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.2510+0.00010.00%
    USDSGD=X
    1.7304+0.0022+0.13%
    EURSGD=X
    2.1024+0.0011+0.05%
    GBPSGD=X
    81.7230-0.0133-0.02%
    SGDJPY=X
    6.19880.000.00%
    SGDHKD=X
    2.5886-0.0032-0.12%
    SGDMYR=X
    9,129.5010-13.5166-0.15%
    SGDIDR=X
    4.9674-0.0056-0.11%
    SGDCNY=X
    1.1682-0.0037-0.32%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,299.40-4.10-0.31%
    GCM14.CMX
    19.62-0.01-0.05%
    SIK14.CMX
    91.04+0.21+0.23%
    ^XAU
    3.04+0.01+0.40%
    HGK14.CMX
    104.49+0.73+0.70%
    CLK14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.70+0.05
    ^FVX
    2.68+0.04
    ^TNX
    3.48+0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.115-0.002-1.71%
    B22.SI
    0.48+0.020+4.35%
    5GJ.SI
    2.27+0.090+4.13%
    5ME.SI
    2.190.0000.00%
    JS8.SI
    0.61+0.005+0.83%
    E5H.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.162+0.034+26.56%
    5GF.SI
    0.20+0.034+20.48%
    5WD.SI
    0.59+0.050+9.26%
    L5I.SI
    0.28+0.020+7.69%
    C33.SI
    0.215+0.015+7.50%
    5UE.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.103-0.010-8.85%
    5OS.SI
    0.112-0.008-6.67%
    5RC.SI
    0.355-0.025-6.58%
    KJ9.SI
    0.215-0.015-6.52%
    F9M.SI
    0.29-0.020-6.45%
    5PC.SI