Share “Stocks gain after reports on housing, Ukraine”

Stocks gain after reports on housing, Ukraine

Published on NewsOK Modified: March 18, 2014 at 3:13 pm •  Published: March 18, 2014
Advertisement

NEW YORK (AP) — U.S. stocks are closing higher after some encouraging news on housing and on hopes that the conflict between Russia and the West over Ukraine won't escalate.

The Standard & Poor's 500 index rose 13 points, or 0.7 percent, to close at 1,872 Tuesday.

The Dow Jones industrial average rose 89 points, or 0.6 percent, to 16,336. The Nasdaq composite climbed 53 points, or 1.3 percent, to 4,333.

Microsoft jumped 4 percent after Reuters reported that CEO Satya Nadella plans to use his first big press event to unveil an iPad version of the company's Office software suite.

GameStop sank 3 percent following news that Wal-Mart plans to expand its video game trade-in program to its stores.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.67 percent.


AROUND THE WEB

  1. 1
    Vinita police chief: Extreme sunburn case still under investigation, drawing international media...
  2. 2
    Hundreds pack memorial service for man killed at north Tulsa park
  3. 3
    There’s a New Restaurant That Specializes in Potato-Chip Sandwiches
  4. 4
    The most popular liquor in every state
  5. 5
    The FBI has subpoenaed lewd text messages between Subway's Jared Fogle and a former Subway...
+ show more

FEATURED JOBS



× Trending business Article