US stocks rise, closing out a meagre gain for the first quarter; Microsoft gains
NEW YORK, N.Y. - U.S. stocks are closing higher as the market posts a meagre gain for the first three months of the year.
The Standard & Poor's 500 index rose 14 points, or 0.8 per cent, to close at 1,872 Monday. The index gained 1.3 per cent for the first quarter of the year, the fifth straight quarterly gain.
The Dow Jones industrial average rose 134 points, or 0.8 per cent, to 16,457. The Nasdaq composite rose 43 points, or 1 per cent, to 4,199.
Microsoft rose 2 per cent after its Office for iPad software was released last week to highly positive reviews.
Traders were encouraged by remarks from Federal Reserve Chair Janet Yellen, who said she thinks the U.S. job market should continue to be supported by low interest rates for some time.
Read more Business News
- Selling lemonade for teachersKelowna
- K9 units wow crowdsKelowna
- Terry Fox Run raises $100kKelowna
- 4th Thanksgiving food driveKelowna
|QHR Technologies Inc||1.30||0.00|
|Anavex Life Sciences||0.24||0.00|
|Copper Mountain Mining||2.88||+0.12|
|Sunrise Resources Ltd||0.025||0.00|
|Mission Ready Services||0.265||-0.01|
Article written by Linda Bustos Though I’d never recommend “lowest prices” as a unique selling proposition, I notice many retailers use a Price Match Guarantee or even a 110% Guara...
This week my wife wrote a blog for our charities website, I thought you may enjoy reading it here: I was planning to write about the incredible philanthropic Miss Angelina when, funnily enough, she ...
You can’t manage what you can’t control! You can’t manage the number of sales you’re going to make but you can manage the behaviour that will help you make those sales. Obvious...