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.
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WASHINGTON (AP) — Plunging Congress into deeper turmoil, House Speaker John Boehner abruptly announced his resignation Friday, shutting down a tea party drive to depose the nation's highest-ranking Re...
JOHNS ISLAND, S.C. (AP) — A tornado quickly blew through a neighborhood on the South Carolina coast early Friday and blew out windows, knocked down trees and heavily damaged ten homes.The tornado touc...
Caterpillar is planning another round of job cuts that could exceed 10,000 people through 2018, as the construction and mining equipment maker adjusts to downturns in key markets.That could amount to...
An eight-legged creature that escaped in the cargo hold of a passenger flight from Baltimore-Washington International Airport to Atlanta's Hartsfield-Jackson International grounded the plane and sent passengers onto another flight.