Monday, August 3rd31.0°C
27107

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




Recent Trending




Today's Market
S&P TSX14468.44+85.68
S&P CDNX594.31+6.01
DJIA17598.20-91.66
Nasdaq5115.38-12.90
S&P 5002098.04-5.80
CDN Dollar0.7600-0.0043
Gold1096.90+0.60
Oil45.73-1.80
Lumber259.40+7.30
Natural Gas2.883+0.062

 
Okanagan Companies
Pacific Safety0.17-0.01
Knighthawk0.010.00
QHR Technologies Inc1.42+0.00
Cantex0.035-0.005
Anavex Life Sciences1.13+0.22
Metalex Ventures0.05+0.00
Russel Metals19.40-0.05
Copper Mountain Mining0.79+0.01
Colorado Resources0.065+0.005
ReliaBrand Inc0.0049+0.0004
Sunrise Resources Ltd0.03+0.00
Mission Ready Services0.095-0.045
Decisive Dividend Corp2.55+0.05

 



24947

FEATURED Property
23220172422 Mountains Hollw Lane
4 bedrooms 3 baths
$564,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Mortgage policy changes?

There are rumours circulating again that the federal government may move to tighten mortgage insurance criteria. This is prompted by a recent article in the Financial Post. The housing market while b...


Chasing ducks

Photo: Thinkstock.comWhen businessmen tell me that being low priced is the only way to stay in business, I am skeptical. Price is the simplest way for a consumer to compare and is overused as the basi...


Taking care of business

Photo: Thinkstock.comRetirement as a goal has changed a lot over the years. There was a time, it was the only goal. You’d punch the clock and count the years until you could stop punching that t...

_








Member of BC Press Council


26780