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Stocks tread water as banks slip and energy companies rise

U.S. stocks are inching lower Tuesday as a recent drop in bond yields continues to put pressure on banks. Department stores, apparel retailers and handbag makers are falling, but Amazon continues to rise. But energy companies are rising with the price of oil, and stocks are little changed overall. KEEPING SCORE: The Standard & Poor’s 500 index was unchanged at ...

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US stocks waver between small gains and losses at midday

The stock market is closing out a solid quarter with a day of mixed trading on Wall Street Friday. Major indexes were moving in a small range, with the Dow Jones industrials posting a small loss while other indexes were mostly higher. Investors weighed several corporate deals and new economic data on consumer spending and inflation. Energy stocks were down ...

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US stock indexes move higher in midday trading; oil rises

Banks and other financial companies led U.S. indexes modestly higher in midday trading Thursday as investors weighed the latest batch of company earnings, deal news and economic data. Energy stocks also rose, getting a boost from rising crude oil prices. Utilities, real estate companies and other high-dividend paying stocks fell as bond yields headed higher. KEEPING SCORE: The Dow Jones ...

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Talks break down over Mississippi transportation spending

Mississippi House and Senate leaders publicly bickered but failed to agree on a transportation spending plan before a Monday night deadline, likely forcing the governor to call lawmakers back for a special session before the budget year begins July 1. Republicans control both chambers, so the fight does not pit one party against another. Instead, it is an argument that ...

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US stock indexes edge higher in early trading; Oil up

U.S. stock indexes edged higher in morning trading Tuesday, recovering after an early slide. Investors weighed the latest batch of company earnings and economic news. Banks and other financials stocks led the gainers, while phone company stocks were down the most. Energy stocks rose as oil prices were headed higher. KEEPING SCORE: The Dow Jones industrial average rose 38 points, ...

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Stocks pare their losses as health care companies climb

After falling sharply in the morning, U.S. stock indexes clawed back and were down only modestly in afternoon trading. A run higher for hospital stocks helped to stem losses for banks and other financial stocks. The dollar also pared its losses against other currencies. KEEPING SCORE: The Standard & Poor’s 500 index was down 3 points, or 0.1 percent, at ...

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Mississippi legislator calls budget ‘deliberate wreckage’

The Mississippi legislature inched toward a budget Sunday, after a contentious process the day before. Most major bills have yet to be hammered out in conference. The bills, known as “dummy bills” because they don’t have real dollar amounts attached to them, will theoretically be finalized by the time the legislature reconvenes Monday. It isn’t clear whether this means that ...

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Hood deposits $34M, lobbies for mental health spending

As budget writers try to stretch Mississippi’s cash to cover its needs, Attorney General Jim Hood is chipping in $34.4 million. The Democratic attorney general announced Thursday that he had deposited the winnings from lawsuits into the state’s general fund. Most of the money came from a $26 million settlement with credit rating agency Moody’s Corp. announced in January. Hood ...

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US stocks little changed as health care debate continues

U.S. stocks are treading water Thursday morning as investors wait for news about the fate of the Republican-backed health care bill, a centerpiece of President Donald Trump’s business-friendly agenda of cuts to taxes and regulations and greater infrastructure spending. Banks are pulling out of a recent slump as bond yields and interest rates rise while Alphabet, Google’s parent company, leads ...

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US stock indexes wobble; technology gains but energy slides

U.S. stocks are mixed Wednesday as technology companies rise while energy firms fall with the price of oil. Investors are reacting to another drop in bond yields by selling bank stocks and buying high-dividend utility companies. Major indexes are little changed. More stocks are down than up as the market comes off its biggest loss in five months. KEEPING SCORE: ...

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