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

By ALEX VEIGA
Associated Press 

US stocks move broadly higher in late-afternoon trading

U.S. stocks moved broadly higher in late-afternoon trading Friday, placing the major indexes on course for new highs.

 

December 16, 2017



U.S. stocks moved broadly higher in late-afternoon trading Friday, placing the major indexes on course for new highs. Technology companies, banks and health care stocks were among the biggest gainers. Investors were encouraged by signs that the Republican-backed tax overhaul bill was making progress in Congress. They also weighed the latest batch of company earnings news.

KEEPING SCORE: The Standard & Poor’s 500 index rose 27 points, or 1 percent, to 2,679 as of 3:17 p.m. Eastern Time. The Dow Jones industrial average gained 178 points, or 0.7 percent, to 24,687. The Nasdaq added 88 point...



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