sunny.png
Wednesday December 11th, 2019 10:00AM

Markets Right Now: Stocks rise on US deal with Mexico

By The Associated Press
Related Articles
  Contact Editor

NEW YORK (AP) — The latest on developments in financial markets (all times local):

9:35 a.m.

Stocks are rising Monday as investors welcome a deal between the U.S. and Mexico that avoids the imposition of tariffs.

General Motors gained 2.3% and Ford rose 2.5% after President Donald Trump suspended plans to impose tariffs on goods imported from Mexico, including autos.

Technology stocks rose, with Apple up 1.3%. Banks rose as bonds fell and the yield on the 10 year Treasury jumped to 2.13% from 2.08% Friday.

Raytheon and United Technologies struck a deal to create a defense and aerospace giant with annual sales of $74 billion. Raytheon posted a small gain while United Technologies fell slightly.

The S&P 500 index rose 19 points, or 0.7%, to 2,892. The index rose 4.4% last week, its best weekly performance of 2019.

The Dow Jones industrials rose 174 points, or 0.7%, to 26,158. The Nasdaq gained 80 points, or 1%, to 7,822.

  • Associated Categories: Associated Press (AP), AP Business, AP Business - Economy, AP Business - Financial Markets
© Copyright 2019 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Seniors more likely to work longer in big metropolitan areas
Seniors in major metropolitan areas, especially in the Northeast and around Washington, DC, are more likely to continue working past age 65 than those in other areas around the country
10:05AM ( 14 minutes ago )
Court rejects challenge to regulation of gun silencers
The Supreme Court is rejecting a challenge to federal regulation of gun silencers, just days after a gunman used one in a shooting rampage that killed 12 people in Virginia
10:01AM ( 19 minutes ago )
Top Iran diplomat warns US it cannot 'expect to stay safe'
Iran's foreign minister warns US it 'cannot expect to stay safe' after launching 'economic war' against Tehran
9:58AM ( 21 minutes ago )
Associated Press (AP)
Starbucks launches reusable cups trial at UK airport
Starbucks and environmental charity Hubbub are launching a trial program to lend passengers at Britain's Gatwick Airport reusable cups while waiting for their flights in hopes of cutting down on waste
9:05AM ( 1 hour ago )
Nominations set to close in race to be next UK leader
Nominations are closing in the race to become Britain's next prime minister, with almost a dozen contenders already battling it out over Brexit, tax policy and past drug use
8:55AM ( 1 hour ago )
Salesforce buying Tableau Software in $15.7B all-stock deal
Salesforce is buying Tableau Software in a $15.7B all stock deal
8:03AM ( 2 hours ago )
AP Business
Warren challenges Sanders for progressives' 2020 support
Bernie Sanders has a new challenge in his 2nd presidential campaign: He's not the only progressive alternative to the front-runner, Joe Biden
5:52AM ( 4 hours ago )
Warren challenges Sanders' for progressives' support
Bernie Sanders has a new challenge in his second presidential campaign: He's not the only progressive alternative to the front-runner, Joe Biden
3:43AM ( 6 hours ago )
Trump defends Mexico deal as criticism continues
Trump defends immigration deal with Mexico to halt planned tariffs
3:42AM ( 6 hours ago )
AP Business - Economy
Dirty dozen: Nadal wins 12th French Open for 18th Slam title
Rafael Nadal pulled away in what had suddenly become a tight final to beat Dominic Thiem 6-3, 5-7, 6-1, 6-1 for his record-extending 12th French Open championship
3:58PM ( 18 hours ago )
Norway mediation effort in Venezuela's crisis slows
Venezuelan leader Juan Guaidó said Friday that the opposition's demand for presidential elections is not negotiable, slowing mediation efforts by Norway aimed at resolving Venezuela's political crisis
6:07PM ( 2 days ago )
US stock market notches best week since late November
Wall Street turned the page on a painful May in the stock market by notching its best week since late November
4:54PM ( 2 days ago )
AP Business - Financial Markets
Seniors more likely to work longer in big metropolitan areas
Seniors in major metropolitan areas, especially in the Northeast and around Washington, DC, are more likely to continue working past age 65 than those in other areas around the country
10:05AM ( 14 minutes ago )
Court rejects challenge to regulation of gun silencers
The Supreme Court is rejecting a challenge to federal regulation of gun silencers, just days after a gunman used one in a shooting rampage that killed 12 people in Virginia
10:01AM ( 19 minutes ago )
Top Iran diplomat warns US it cannot 'expect to stay safe'
Iran's foreign minister warns US it 'cannot expect to stay safe' after launching 'economic war' against Tehran
9:58AM ( 21 minutes ago )
Trump insists there's more to Mexico deal than meets the eye
Stung by criticism that his deal to avert threatened Mexican tariffs mostly ramps up existing efforts, President Donald Trump is insisting there's more to the deal than meets the eye
9:48AM ( 31 minutes ago )
APNewsBreak: Naval War College head reassigned pending probe
The Navy says the president of the U.S. Naval War College has been reassigned pending the outcome of an inspector general investigation
9:38AM ( 41 minutes ago )