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

Gains for tech help US stocks higher, but insurers skid

 

October 14, 2017



NEW YORK (AP) — U.S. stocks finished mostly higher Friday to wrap up a subdued week, and technology companies did most of the heavy lifting. Investors were also pleased to see that shoppers spent more money in September.

Printer and PC maker HP sent technology companies higher after releasing a strong profit forecast for next year. Big names like Intel and Facebook also rose. Companies in retail, travel and entertainment moved up after the Commerce Department’s report on retail spending. Health insurers and hospital operators skidded after President Donald Trump said he will stop govern...



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