Market news
14.01.2011, 19:32

Dow +51.69 at 11783.59, Nasdaq +14.47 at 2749.76, S&P +7.75 at 1291.51

The stock market has extended its afternoon advance to a fresh session high. The move has taken the S&P 500 above the 1290 line for the first time since 2008.

Merck (MRK 34.28, -0.42) is a source of weakness in the health care sector as it extends its prior-session sell-off into today's trade.

Meanwhile, Coca-Cola (KO 63.12, -0.28) has weighed down the consumer staples sector after it had put on a relatively solid performance yesterday.

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