Stocks Jump as Relieved Investors Buy Banks, Insurers, Tech
- 7 years ago
Stocks Jump as Relieved Investors Buy Banks, Insurers, Tech
There was also relief among investors that a national holiday passed in North Korea without that country escalating tensions with the U. S.
KEEPING SCORE: The Standard & Poor’s 500 index rose 20 points, or 0.8 percent, to 2,482 as of 11:30 a.m. Eastern time.
Travel companies and insurers are also rising and home-improvement companies like Lowe’s and Home Depot, which rallied last week, fell.
Rising tensions between the U. S. and North Korea have weighed on stocks in recent weeks and raised the prices of gold and bonds
NEW YORK — US stocks are jumping Monday, following global markets higher, after
Hurricane Irma weakened without causing as much damage as many had feared.
STORMY WEATHER: Irma hit the U. S. as a major Category 4 hurricane Sunday and is still battering Florida and Georgia.
There was also relief among investors that a national holiday passed in North Korea without that country escalating tensions with the U. S.
KEEPING SCORE: The Standard & Poor’s 500 index rose 20 points, or 0.8 percent, to 2,482 as of 11:30 a.m. Eastern time.
Travel companies and insurers are also rising and home-improvement companies like Lowe’s and Home Depot, which rallied last week, fell.
Rising tensions between the U. S. and North Korea have weighed on stocks in recent weeks and raised the prices of gold and bonds
NEW YORK — US stocks are jumping Monday, following global markets higher, after
Hurricane Irma weakened without causing as much damage as many had feared.
STORMY WEATHER: Irma hit the U. S. as a major Category 4 hurricane Sunday and is still battering Florida and Georgia.