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 />
The S&P 500 first closed above 1,000 points in February 1998.<br />
On Monday the market rose as investors were encouraged by the latest round of corporate deal news.<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 />
The S&P 500 rose nine points, or 0.5 percent, to close at 1,997.<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 />
Bond price rose. The yield on the 10-year Treasury note fell to 2.39 percent.
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.
HONOLULU (AP) — The Big Island of Hawaii is bracing for high winds, heavy rain and ocean swells of up to 20 feet as strengthening Hurricane Ignacio approaches the state.Ignacio has grown to a Category...
NEW ORLEANS (AP) — As the church bells rang marking the decade since Hurricane Katrina struck the Gulf Coast, the 80-year-old woman wept softly into a tissue as she leaned against her rusting Oldsmobi...
DALLAS (AP) — Siddharth Jaganath wanted to return to India after earning his master's degree at Texas' Southern Methodist University. Instead, he built a new life in the U.S. over a decade, becoming a...
WASHINGTON (AP) — Federal Reserve Vice Chairman Stanley Fischer left the door open Saturday for a Fed rate increase in September, saying the factors that have kept inflation below the central bank's t...
CHARLESTON, S.C. (AP) — If there was ever a week for the Republican presidential candidates to talk tough on China, this was it: Spurred by the stock market's wild ride, they lashed out at the world's most populous nation.