Monday, May 30, 2016
Current Weather
Loading Current Weather....
Published: Friday, 5/16/2014

US stocks end slightly higher after day of wavering between gains and losses


NEW YORK — The stock market ended slightly higher today after drifting between small losses and gains for most of the day.

The Dow Jones industrial average rose 44 points, or 0.3 percent, to close at 16,491.

The Standard & Poor’s 500 index gained seven points, or 0.4 percent, to end at 1,877. The Nasdaq composite index rose 21 points, or 0.5 percent, to 4,090.

Telecommunication stocks rose the most of the 10 sectors in the S&P 500 index. Verizon climbed $1.11, or 2.3 percent, to $49.07 after Warren Buffett’s Berkshire Hathaway revealed it had a new investment in the company.

Bond prices fell, pushing up the yield on the Treasury’s 10-year note to 2.52 percent.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories