U.S. stocks edged higher in early trading Monday, adding to the market’s five straight weeks of gains. Financial and technology stocks were had some of the biggest gains. Energy companies also rose as crude oil prices climbed. Utilities and real estate stocks lagged. KEEPING SCORE: The Standard & Poor’s 500 index added 4 points, … Continue reading
Tag Archives: market
Governors call for immediate action to stabilize health insurance marketplaces in states
WASHINGTON—Today, Aug. 2, the National Governors Association (NGA) Health and Human Services Committee, led by Virginia Gov. Terry McAuliffe and Massachusetts Gov. Charlie Baker, released the following statement on cost-sharing reductions (CSRs) within individual health insurance marketplaces. ————————————————————————- “The Administration has the opportunity to stabilize the health insurance market across our nation and ensure that our residents can … Continue reading
US stocks advance as banks and health care lead rally
NEW YORK (AP) — U.S. stocks are rising Tuesday as banks climb following an increase in bond yields, which will allow banks to charge higher rates on loans. Health care companies like makers of scientific instruments and drugs are higher as well. Stocks are on track for their fourth gain in a row and have … Continue reading
US stocks move little in early trading
NEW YORK (AP) — U.S. stocks moved little in early trading as investors weighed a report on unemployment benefits and corporate news. Oil prices posted another strong gain Thursday, lifting energy stocks. The Labor Department reported that applications for unemployment benefits rose slightly last week, but they remain at levels consistent with a healthy job … Continue reading
Comcast further expanding its Internet data caps
NEW YORK (AP) — Comcast is further expanding its Internet data caps to new markets in 5 Southern states. The cable company is rolling out more caps as the Internet becomes an increasingly popular way to watch TV. Streaming video eats up more data than surfing the Internet and reading email. Comcast this year became … Continue reading
The Standard & Poor’s 500 index still finished August down 6.3 percent
NEW YORK (AP) — August was a brutal month for investors. Fears about a slowdown in China’s economy and concerns about when the Federal Reserve will raise interest rates pushed stocks sharply lower this month. While the market recovered much of the ground it lost, the Standard & Poor’s 500 index still finished August down … Continue reading
Change to Greek bailout negotiating team fuels market hopes
ATHENS, Greece (AP) — Greece reshuffled its bailout negotiating team on Monday following fierce criticism of its finance minister, meeting with market applause as investors hoped it will facilitate a deal to save the country from bankruptcy. A Greek official insisted Yanis Varoufakis, who has come under fire from his European peers for dragging … Continue reading
Strong earnings and job news give stocks a lift
After a shaky start, U.S. stocks rebounded Thursday, snapping a two-day losing streak.Investors welcomed better-than-expected quarterly results from several companies, including Ford, Coach and Harley-Davidson. Homebuilder stocks surged.Even energy stocks, which were down most of the day, recovered in concert with a slight uptick in oil prices. Benchmark U.S. crude oil rose 8 cents to … Continue reading