The S&P rose 5.19 points, or 0.37%, to 1,408.47.
Shares of Family Dollar increased 5.31% to $63.28. The stock hit a 52-week high Friday of $64.08. The stock's 52-week low of $44.42 was set on Aug. 9.
Family Dollar shares trade at an estimated price-to-earnings ratio of 15.08X; the average for specialty retailers is 16.66X. For comparison, Dollar Tree (DLTR) has a forward P/E of 16.83X.Thirteen of the 27 analysts who cover Family Dollar rate it at hold. Ten analysts give the stock a buy rating and four analysts rate it at sell. TheStreet Ratings gives Family Dollar an A- grade with a buy rating and $70.52. The stock has risen 9.75% year to date.