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Wall Street rises to add to last weeks gains WSOC TV [Video]

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Breaking News

NEW YORK — (AP) — U.S. stocks are ticking higher Monday as last week’s rush of market-moving events gives way to what could be a quieter week.

The S&P 500 was up 0.6% in midday trading. The Dow Jones Industrial Average was up 102 points, or 0.3%, as of 11 a.m. Eastern time, and the Nasdaq composite was 0.6% higher.

Berkshire Hathaway added 0.5% after Warren Buffett’s company reported its latest quarterly results over the weekend. Freshpet jumped 7.3% after reporting better results than expected in large part because it sold 30% more food for cats and dogs.

They helped to offset an 8.9% slide for Spirit Airlines, which reported a slightly worse loss than expected. The carrier said it’s facing increased competition in many of its markets, particularly between the United States and Latin America. Apple slipped 0.7% after Buffett pared Berkshire Hathaway’s stake in the tech giant.

The U.S. stock market has been swinging sharply …

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