Stocks close higher; Amazon gains, Macy's drops
By The Associated Press
Posted 4:21PM on Wednesday 13th August 2014 ( 9 years ago )
NEW YORK (AP) -- Technology and health care companies helped U.S. stocks close higher Wednesday, despite a mixed batch of economic news and a pullback in Japan's economy.<br />
<br />
Amazon rose 2.2 percent after the online retailing giant introduced a credit-card processing device designed to help small businesses.<br />
<br />
Macy's fell 5.5 percent after it cut its sales outlook for the year.<br />
<br />
The Standard & Poor's 500 index rose 12 points, or 0.7 percent, to close at 1,946.<br />
<br />
The Dow Jones industrial average rose 91 points, or 0.6 percent, to 16,651. The Nasdaq rose 44 points, or 1 percent, to 4,434.<br />
<br />
The yield on the 10-year Treasury note fell to 2.41 percent. Bond yields fall when prices rise.
http://accesswdun.com/article/2014/8/278241
© Copyright 2015 AccessNorthGa.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.