Wall St. Closes Mostly Higher - News Summed Up

Wall St. Closes Mostly Higher


United States markets closed mostly higher on Wednesday, overcoming big drops in the stocks of several health care companies. Lilly stock fell 10.5 percent to reach its lowest value in more than two years. MAKING BANK Higher bond yields are linked to higher interest rates, so the rising yields helped bank stocks turn higher. Capital One stock rose 1.8 percent, and First Bancorp stock rose 2.1 percent. As bond yields rose, investors sold shares of real estate investment trusts, utilities and companies that sell household goods.


Source: New York Times November 23, 2016 14:51 UTC



Loading...
Loading...
  

Loading...