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U.S. Stocks Higher Despite Weight of an Array of Global Conflict

Susannah Lee
8/08/14 12:04 PM EDT
U.S. stocks are higher midday despite an array of global conflicts trying to weigh it down. All the major markets are currently in positive territories. OPEC's oil production for July is at its highest in five months. It was helped by the reopening of ports and fields in Libya, which rose by 200,000 barrels a day last month. Home Depot (HD) is the Dow Jones Industrial's biggest gainer. Lululemon (LULU) is continuing to gain in the session on news its founder will sell half his stake in the company to appease the board. Dennis Chip Wilson agreed to sell an almost 14 percent stake in the yoga gear maker to private equity firm Advent International for $845 million dollars. Sotheby's (BID) is down nearly 10% after missing earnings expectations.
Stocks in this video: HDLULUBID

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