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Tag Archives: Oil

US stock indexes veer higher in morning trading; oil slides

Technology and industrial companies led U.S. stocks modestly higher in morning trading Tuesday as indexes bounced back from small losses the day before. Energy stocks lagged the most as the price of crude oil headed lower. Investors were sizing up earnings reports from General Motors, Michael Kors and other big companies. KEEPING SCORE: The Dow Jones industrial average rose 90 ...

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Legislators talk gas tax increase to repair roads, bridges

JACKSON — The heads of the Mississippi Legislature’s transportation committee are considering raising the gas tax to maintain the state’s highways and bridges. The joint House-Senate committee heard a presentation from the Mississippi Economic Council Thursday that called for $375 million a year to meet the repair needs. The committee heard from state transportation head Melinda McGrath earlier this month. ...

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Stocks move higher in afternoon trading

NEW YORK — Stocks were steadily rising into the afternoon on Thursday, building on a modest climb from the day before. Investors were keeping a close eye on the price of oil, which had reversed its losses from earlier in the day. Bank stocks, battered from several days of losses, were among the biggest gainers. KEEPING SCORE: The Dow Jones ...

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US stocks slip as weak earnings hammer retailers

NEW YORK — U.S. stocks are mostly lower Friday morning after a batch of weak quarterly reports. Retail stocks are sliding after a disappointing report from department store operator Nordstrom. Oil prices are in decline after a big surge over the past week. KEEPING SCORE: The Dow Jones industrial average lost 68 points, or 0.4 percent, to 16,344 as of ...

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