cloudy
Thursday July 2nd, 2015 5:53AM

S&P 500 touches 2,000 as corporate deals continue

By The Associated Press
NEW YORK (AP) -- The stock market hit another milestone as the Standard & Poor's 500 index briefly traded above 2,000 points for the first time.<br /> <br /> The S&P 500 first closed above 1,000 points in February 1998.<br /> <br /> On Monday the market rose as investors were encouraged by the latest round of corporate deal news.<br /> <br /> Burger King soared 20 percent on news that the fast-food chain is in talks to buy Tim Hortons of Canada, which could save the company money on taxes.<br /> <br /> The S&P 500 rose nine points, or 0.5 percent, to close at 1,997.<br /> <br /> The Dow Jones industrial average rose 75 points, or 0.4 percent, to 17,076. The Nasdaq composite rose 18 points, or 0.4 percent, to 4,557.<br /> <br /> Bond price rose. The yield on the 10-year Treasury note fell to 2.39 percent.
© Copyright 2015 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Judge denies motions to move, delay Tsarnaev trial
Lawyers for Boston Marathon bombing suspect Dzhokhar Tsarnaev asked a federal appeals court Wednesday to overturn a judge's decision to not move his upcoming trial out of state.
10:02PM ( 6 months ago )
High court to adopt electronic filing of cases
The Supreme Court is belatedly developing an electronic filing system similar to those used in courts around the country, Chief Justice John Roberts said Wednesday in his annual end-of-year report.
7:57PM ( 6 months ago )
Storm brings snow, cold to West for New Year's
A blustery winter storm dumped snow and ice across the West on Wednesday, making driving treacherous in the mountains from California to the Rockies and forcing residents and party-goers in some usually sun-soaked cities to bundle up for a frosty New Year's.
5:19PM ( 6 months ago )
U.S. News
State DOT awards $48M contract for NE Ga. road project
The state Department of Transportation has awarded a $47.8 million contract for nine miles of work on a northeast Georgia road.
9:37AM ( 6 months ago )
Business News
Grass fire impacts rush hour traffic on 985
Rush hour traffic on I-985 was slowed by a grass fire Wednesay afternoon with one lane closed while firefighters fought the blaze.
10:19PM ( 6 months ago )
Hall County conviction, sentencing to be reviewed by SCOGA
The State Supreme Court has agreed to hear the appeal of a Hall County man when they reconvene in January.
2:37PM ( 6 months ago )
Maysville man dies from Banks County wreck
The Georgia State Patrol reports that alcohol and/or drugs were factors a single-vehicle wreck that claimed the life of a Maysville man in Banks County Tuesday night.
11:07AM ( 6 months ago )
Local/State News
Episcopalians vote to allow gay marriage in churches
SALT LAKE CITY (AP) — Episcopalians voted overwhelmingly Wednesday to allow religious weddings for same-sex couples, solidifying the church's embrace of gay rights that began more than a decade ago wi...
3:19AM ( 2 hours ago )
US probes possible collusion among airlines to keep fares up
WASHINGTON (AP) — The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated P...
11:32PM ( 6 hours ago )
As SC fire investigated, stats show church fires not unusual
GREELEYVILLE, S.C. (AP) — The Rev. John Taylor feared the worst when he learned his church was on fire, only days after a mass shooting at a black church in Charleston prompted Southern leaders to cal...
10:34PM ( 7 hours ago )
The Latest: Cuba embassy plan riles Republican hopefuls
WASHINGTON (AP) — The United States and Cuba will open embassies in their capital cities after more than 50 years of hostilities between the two countries. The latest developments (all times local):__...
4:46PM ( 13 hours ago )
Emails show top officials aware of Clinton's private address
WASHINGTON (AP) — Senior Obama administration officials, including the White House chief of staff, knew as early as 2009 that Hillary Rodham Clinton was using a private email address for her governmen...
4:25PM ( 13 hours ago )