A trader works on the floor of the New York Stock Exchange in New York on Wednesday. That's good for the economy, but Hooper noted that higher pay to workers can reduce corporate profits, and those profits are the stock market's fuel. Smaller companies fared better than the rest of the market, and more stocks rose than fell on the New York Stock Exchange. Energy companies fell as oil prices sank. Brent crude, the international standard for oil prices, lost $1.35, or 2%, to $65.51 a barrel in London.

Source: Bangkok Post February 07, 2018 22:30 UTC