» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X

Forgot your password?
Skip Navigation LinksHome > Article
VOL. 38 | NO. 24 | Friday, June 13, 2014

S&P 500 ends higher, snapping 3-day losing streak

The Associated Press

Print | Front Page | Email this story

The stock market is closing higher on corporate deal news and an improved forecast from chipmaker Intel.

The Standard & Poor's 500 index rose six points, or 0.3 percent, to close at 1,936 Friday. The gain snapped a three-day losing streak for the index. The Dow Jones industrial average climbed 41 points, or 0.3 percent, to 16,775. The Nasdaq gained 13 points, or 0.3 percent, to 4,310.

Intel jumped 7 percent after the chipmaker said late Thursday that sales of business computers have been stronger than expected, and raised its revenue forecast.

Oil added to gains from earlier in the week. Crude is rising because Iraq's insurgency threatens to disrupt crude exports. Oil edged up 38 cents to $106.91 a barrel after rising more than $2 the day before.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0