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US stocks surge early after strong private payroll report

U.S. stocks are jumping Wednesday morning after a survey of private businesses showed that hiring was very strong last month. Panera Bread is climbing after the sandwich and soup chain agreed to be bought by European conglomerate JAB for more than $7 billion. Companies that are tightly linked to the performance of the economy, including transportation companies and smaller domestic ...

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US stocks climb after strong private payroll report

U.S. stocks are climbing Wednesday after a survey of private businesses showed that hiring was very strong last month. That was a relief to investors, who were worried about spending after a weak report on auto sales earlier this week. Energy and basic materials companies are making some of the biggest gains, and the Nasdaq composite is on track for ...

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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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