NEW YORK — U.S. stocks are closing slightly higher as investors turn their focus to corporate news and as tensions ease in Ukraine.
Priceline rose 2 percent after the online discounter reported better earnings than analysts were expecting. Chiquita Brands soared 30 percent on a buyout offer.
Kinder Morgan rose 9 percent after announcing it would consolidate a group of oil and gas pipeline and storage companies it controls.
The Standard & Poor’s 500 index rose five points, or 0.3 percent, to close at 1,936 today.
The Dow Jones industrial average rose 16 points, or 0.1 percent, to 16,569. The Nasdaq composite rose 30 points, or 0.7 percent, to 4,401.
Bond prices barely budged. The yield on the 10-year Treasury note held steady at 2.42 percent.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.