Close
KTAR.com
News
Shows
Blogs
KTAR News on 92.3FM

Stocks are little changed in early trade a day after record

May 15, 2015, 6:48 AM
KTAR Newsroom's Profile Picture BY
KTAR.com

NEW YORK (AP) — U.S. stocks are little changed in early trading a day after the Standard & Poor’s 500 index closed at an all-time high.

The Dow Jones industrial average and the Nasdaq composite remain slightly below their own record highs.

The S&P 500 was essentially unchanged at 2,120 as of 9:35 a.m. Eastern time Friday.

The Dow edged up a point to 18,253 and the Nasdaq rose a fraction to 5,051.

Keurig Green Mountain sank 7 percent after announcing a high price for its new cold-drink machine that got investors worried.

Semiconductor maker Applied Materials gained 3 percent after reporting results that came in ahead of analysts’ forecasts.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.20 percent.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Business

The National Labor Relations Board's top prosecutor, Jennifer Abruzzo, poses for a portrait at Nati...
Associated Press

NLRB’s top prosecutor seeks big changes, faces uphill battle

As workers at major companies increasingly move to unionize, the political environment for labor couldn’t be more ripe. Perhaps nowhere is that more accurate than at the National Labor Relations Board, the agency that enforces the country’s labor laws and oversees union elections. In the past year, the Biden-appointed top prosecutor Jennifer Abruzzo has been […]
8 hours ago
Associated Press

Iran launches rocket into space as nuclear talks to resume

TEHRAN, Iran (AP) — Iranian state television said Sunday that Tehran had launched a solid-fueled rocket into space, drawing a rebuke from Washington ahead of the expected resumption of stalled talks over Tehran’s tattered nuclear deal with world powers. It’s unclear when or where exactly the rocket was launched, but the announcement came after satellite […]
8 hours ago
FILE - Wallace Reid purchases fuel for the vehicle he drives to make a living using ride-share apps...
Associated Press

Greedflation: Is price-gouging helping fuel high inflation?

WASHINGTON (AP) — Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly jack up prices and pocket the profits. Responding to that sentiment, the Democratic-led House of Representatives last month passed on a party-line vote — most Democrats […]
8 hours ago
FILE - Wallace Reid purchases fuel for the vehicle he drives to make a living using ride-share apps...
Associated Press

Did corporate greed fuel inflation? It’s not biggest culprit

WASHINGTON (AP) — Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly jack up prices and pocket the profits. Responding to that sentiment, the Democratic-led House of Representatives last month passed on a party-line vote — most Democrats […]
8 hours ago
Republican candidate for Illinois governor Richard Irvin speaks with employees during a tour of HM ...
Associated Press

Illinois governor’s race is also battle among billionaires

WAUCONDA, Ill. (AP) — The race to be Illinois’ next governor is also a battle among billionaires, including two whose names won’t appear on Tuesday’s primary ballot. Republican candidates Darren Bailey, who as a state lawmaker fought pandemic measures such as mask mandates, and former prosecutor Richard Irvin, the first Black mayor of Chicago’s largest […]
8 hours ago
Norway's Crown Princess Mette-Marit lights candles during a service in Oslo Cathedral, Oslo, Sunday...
Associated Press

Norway mourns victims of Oslo shooting with memorial service

OSLO, Norway (AP) — Norway’s prime minister and members of the royal family joined mourners at a memorial service in Oslo Cathedral Sunday for the victims of a shooting in the capital’s nightlife district. A gunman opened fire in central Oslo’s bar area early Saturday, killing two people — a man in his 50s and […]
8 hours ago

Sponsored Articles

...

Most plumbing problems can be fixed with regular maintenance

Instead of waiting for a problem to happen, experts suggest getting a head start on your plumbing maintenance.
...
CANVAS ANNUITY

Best retirement savings rates hit 4.30%

Maximize your retirement savings with guaranteed fixed rates up to 4.30%. Did you know there is a financial product that can give you great interest rates as you build your retirement savings and provide you with a paycheck for life once you retire? It might sound too good to be true but it is not; this product is called an annuity.
...
Day & Night Air

Tips to lower your energy bill in the Arizona heat

Does your summer electric bill make you groan? Are you looking for effective ways to reduce your bill?
Stocks are little changed in early trade a day after record