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

US stock indexes inch higher after back-to-back down weeks

 

August 22, 2017



NEW YORK (AP) — U.S. stocks inched higher Monday, as the Standard & Poor’s 500 index steadied following back-to-back losses the last two weeks.

This week may be a calmer one for the stock market, after an uncharacteristically bumpy stretch shook what had been an incredibly smooth ride higher for stocks this year. Few market-moving events are on the calendar this week, and the highlight will likely arrive when central bankers from around the world gather in Wyoming as the weekend approaches.

The S&P 500 rose 2.82 points, or 0.1 percent, to 2,428.37 after it and other indexes flipped betw...



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