Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

Modest gains push US stocks indexes to record highs


July 15, 2017

(AP) — Gains by big technology and health care companies pushed U.S. stocks modestly higher Friday, lifting several major indexes to new highs.

The Standard & Poor’s 500 index, Dow Jones industrial average and Russell 2000 index of smaller-company stocks each set records as the market posted its third straight day of gains.

Energy companies helped lift the market as crude oil prices rose. High-dividend stocks like real estate companies and utilities also posted big gains following a drop in bond yields. The lower yields and a weak forecast from JPMorgan Chase weighed on banks. Financial...

For access to this article please sign in or subscribe.


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2017

Rendered 03/18/2018 07:57