Thursday, October 23rd8.8°C
23711
23778

US stocks close higher, extending modest rally; Johnson & Johnson reports higher earnings

NEW YORK, N.Y. - Stocks managed to close with modest gains on Wall Street after a day of up-and-down trading.

Coca-Cola rose 4 per cent after reporting higher sales of non-carbonated beverages. Johnson & Johnson rose 2 per cent after its income rose.

Toll Brothers and other homebuilders fell after a measure of the industry's confidence in the housing market remained low. Apple and Netflix also fell.

Major U.S. indexes moved between gains and losses all day before ending slightly higher.

The Standard & Poor's 500 index rose 12 points, or 0.7 per cent, to close at 1,842 Tuesday.

The Dow Jones industrial average gained 89 points, or 0.6 per cent, to 16,262. The Nasdaq added 11 points, or 0.3 per cent, to 4,034.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.62 per cent.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX14312.07-235.64
S&P CDNX808.00-14.28
DJIA16461.32-153.49
Nasdaq4382.847-36.632
S&P 5001927.11-14.17
CDN Dollar0.8893-0.0002
Gold1240.20-5.30
Oil80.10-0.03
Lumber330.40+1.70
Natural Gas3.653-0.006

 
Okanagan Companies
Pacific Safety0.12+0.02
Knighthawk0.01-0.005
QHR Technologies Inc1.15-0.02
Cantex0.055-0.025
Anavex Life Sciences0.198+0.006
Metalex Ventures0.05+0.005
Russel Metals32.53-0.56
Copper Mountain Mining2.10-0.07
Colorado Resources0.145-0.005
ReliaBrand Inc0.013+0.001
Sunrise Resources Ltd0.05-0.01
Mission Ready Services0.405-0.055

 



23511

FEATURED Property
2089340211-1870 parkinson
2 bedrooms 2 baths
$219,900
more details
image2image2image2
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