You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Kidney settlement derided
    DaVita Healthcare Partners Inc. this week agreed to one of the largest ever anti-kickback settlements in the U.S.But even a $350 million penalty isn’t enough to satisfy Jamie Court’s sense of justice.
  • Disney woos Japanese moviegoers
    TOKYO – Disney executives call their next film “a love letter to Japanese culture.” No wonder: This nation can't get enough of animation, especially Disney's.
  • Ford quarterly profit falls
    DEARBORN, Mich. – Ford's new aluminum-sided F-150 will be a lot lighter and more efficient when it goes on sale this year. But for now, it's a serious drag on profits.
Advertisement

S&P 500 trades higher than 2,000 points for first time

NEW YORK – The stock market has reached another milestone as the Standard & Poor’s 500 index trades above 2,000 points for the first time.

The widely followed barometer of the U.S. stock market is trading at a record high.

The index crossed above 2,000 in the first hour of trading Monday. The market was moving higher after central bankers said last week that support for the global economy would continue.

The S&P 500 index was up 11 points, or 0.6 percent, to 1,999 as of 10:12 a.m. Eastern time. In other trading, the Dow Jones industrial average was up 98 points, or 0.6 percent, to 17,099.

Advertisement