Wednesday, October 22nd13.6°C
23840
23004

US stocks mostly lower as tensions build in Ukraine, offsetting a pickup in hiring last month

NEW YORK, N.Y. - U.S. stocks are drifting mostly lower in midday trading as tensions build in Ukraine, where the region of Crimea is preparing for a referendum on whether to split away and become part of Russia.

Those concerns offset an encouraging pickup in hiring by U.S. employers last month.

The Standard & Poor's 500 index fell a point to 1,875 as of noon Eastern time.

The Dow Jones industrial average rose 27 points, or 0.2 per cent, to 16,450. The Nasdaq composite lost 20 points, or 0.5 per cent, to 4,332.

Biotechnology and health care stocks were among the biggest decliners.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.80 per cent from 2.74 per cent late Thursday. The yield had been as low as 2.60 per cent earlier this week.

The Canadian Press


Read more Business News

22831


Recent Trending




Today's Market
S&P TSX14534.84-12.87
S&P CDNX825.192.91
DJIA16635.2320.42
Nasdaq4430.177+10.698
S&P 5001946.00+4.72
CDN Dollar0.8872-0.0037
Gold1245.90-5.7999
Oil82.51+0.55
Lumber329.70+0.10
Natural Gas3.681-0.03

 
Okanagan Companies
Pacific Safety0.11+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.16-0.01
Cantex0.055-0.025
Anavex Life Sciences0.192+0.001
Metalex Ventures0.05+0.005
Russel Metals33.15+0.06
Copper Mountain Mining2.13-0.04
Colorado Resources0.150.00
ReliaBrand Inc0.012+0.0009
Sunrise Resources Ltd0.060.00
Mission Ready Services0.45-0.01

 



23434

FEATURED Property
2104312556 Knowles Road
$799,000
more details
image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...


Experts share strategies in Kelowna

The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...

_








Member of BC Press Council


23691