Share “News Summary: Stocks log fifth straight...”

News Summary: Stocks log fifth straight advance

Published on NewsOK Modified: December 11, 2012 at 3:42 pm •  Published: December 11, 2012

FIVE STRAIGHT: Stocks rose on optimism that Washington lawmakers are making progress on budget talks. The Dow Jones industrial average and the S&P 500 rose for a fifth straight day. The S&P briefly erased all of its post-election losses and ended just shy of the closing price it logged Nov. 6.

THE RED-EYE: Delta Air Line jumped after the company said it was paying $360 million to buy a 49 percent stake in Virgin Atlantic, giving it a bigger foothold in the lucrative market between the U.S. and London.

WAITING FOR THE FED: The Federal Reserve began a two-day policy meeting. Investors expect that it will end with an announcement of more bond-buying stimulus.


  1. 1
    This Russell Westbrook Promo Will Get You Jacked For His 2015-16 Season
  2. 2
    Lawton product Mike Warren has record-setting day for Iowa State
  3. 3
    Slain man's body discovered northwest of downtown Tulsa
  4. 4
    Beware of new smart chip credit card scams
  5. 5
    What is phubbing, and is it ruining your relationships?
+ show more


× Trending business Article