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Lincoln National Corp. (LNC) Has Broken Out To A New High For The Year

Lincoln National Corp. (LNC) gapped up slightly Friday and has risen sharply in early trade. The stock is currently higher by 2.30 at $60.63.

Lincoln National has surged past the upper end of a 3-week trading range and has set a new high for the year.

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A busy week for economics saw the release of first quarter growth figures for the U.S. economy and the interest rate decision in Japan. Read our stories to find out why the GDP data damped market sentiment in the U.S. and what were the signals given out by the Bank of Japan. Other news this week included new home sales data and jobless claims figures from the U.S., and the latest purchasing managers' survey results for the Eurozone.

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