Wednesday, Jun 29, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Stock Market

Stocks drift higher; S&P 500 holds at 2,000 points

NEW YORK -- U.S. stock indexes edged higher in midday trading today, drifting slightly from a record high set the day before.

Trading was light ahead of the Labor Day holiday as investors sifted through company earnings and deal news.

Express rose 12 percent after the clothing retailer’s results beat financial analysts’ expectations. Tiffany rose 1 percent after its latest quarterly income also exceeded forecasts.

The Standard & Poor’s 500 index edged up half a point to 2,001 as of noon today. It closed above 2,000 points for the first time the day before.

The Dow Jones industrial average rose 12 points, or 0.1 percent, to 17,119. The Nasdaq rose two points, or 0.1 percent, to 4,572.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.37 percent.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…