Thursday, October 2nd4.9°C
22738
22438

Standard & Poor's 500 index touches 1,900 for first time; Keurig Green Mountain soars

NEW YORK, N.Y. - The Standard & Poor's 500 index has crossed 1,900 for the first time as investors get a lift from corporate deal news.

The S&P 500 edged up less than a point to 1,897 as of 11:53 a.m. Eastern time Tuesday. It climbed as high as 1,902 in early trading. The Dow Jones industrial average rose 17 points, or 0.1 per cent, to 16,714. The Nasdaq fell nine points, or 0.2 per cent, to 4,134.

Keurig Green Mountain surged $10.80, or 10 per cent, to $121.51 after Coca-Cola raised its stake in the coffee company.

Valeant Pharmaceuticals said it will improve its bid to acquire Botox maker Allergan, a day after its previous offer was rejected.

Five of the 10 sectors in the S&P 500 rose, led by consumer staples companies.

The Canadian Press


Read more Business News

23479


Recent Trending




Today's Market
S&P TSX14805.44-155.069
S&P CDNX896.35-12.94
DJIA16804.71-238.19
Nasdaq4422.085-71.305
S&P 5001946.16-26.13
CDN Dollar0.8987+0.0031
Gold1214.40-1.10
Oil86.79-2.32
Lumber344.10+6.30
Natural Gas4.044+0.021

 
Okanagan Companies
Pacific Safety0.135+0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.22-0.04
Cantex0.075+0.01
Anavex Life Sciences0.1804-0.0036
Metalex Ventures0.0550.00
Russel Metals34.68+0.11
Copper Mountain Mining2.29-0.13
Colorado Resources0.16-0.005
ReliaBrand Inc0.019-0.001
Sunrise Resources Ltd0.065+0.045
Mission Ready Services0.31-0.01

 





FEATURED Property
18622483693 Green Bay Landing, West Kelowna, BC
4 bedrooms 4 baths
$2,995,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Power-save your way to a down payment

Part 2 of 2 to read Part 1, click here. 5. Dial down your vacations. New York is out. Maybe Buffalo. For West coast, maybe Seattle instead of Hawaii. Use sites like Airbnb (aribnb.ca) to find ch...


A wildly successful manufacturer

Niche food producer “Sweets from the Earth” thrives using innovation, uniqueness and an unwavering focus on quality. A neighbour’s stew turned Ilana Kadonoff off meat at the age of s...


Finding the smart money

Recently I had the privilege of working alongside André Voskuil, a local guru in the world of Alternative Financing. André has quite the reputation in the world of direct investments as ...

_








Member of BC Press Council


22771