US stock indexes tick higher as oil’s dismal week eases

NEW YORK (AP) — U.S. stock indexes ticked higher in morning trading Thursday after the price of oil stabilized, at least for now. This week has been dominated by oil’s tumbling price, which dropped on Wednesday to its lowest level since last summer, and how much it will affect the broader market. KEEPING SCORE: The … Continue reading →

Business

U.S. stocks opened higher on Friday after three days of losses

Posted on 09/25/15 by algarland73631

NEW YORK (AP) — U.S. stocks opened higher on Friday after three days of losses. Investors were encouraged by a report that showed U.S. economic growth was faster in the spring than previously estimated. Nike jumped after posting strong earnings. KEEPING SCORE: The Standard & Poor’s 500 index climbed 17 points, or 0.9 percent, to … Continue reading →

Business

Drillers had some of the biggest losses in early trading

Posted on 09/11/15 by algarland73631

NEW YORK (AP) — Oil and gas companies led the stock market lower on Friday as the price of oil took another fall. U.S. crude sank 2.7 percent after Goldman Sachs said that the global glut of oil supply could push prices as low as $20 a barrel. Drillers had some of the biggest losses … Continue reading →