US Stocks Are Higher as Berkshire Climbs; Apple Sinks Again
Technology companies continue to struggle as
Last week was the market’s best week since March. That came after a steep drop in October.
KEEPING SCORE: The S&P 500 index added 2 points, or 0.1 percent, to 2,725 as of . The Dow Jones Industrial Average rose 91 points, or 0.4 percent, to 25,362. The Nasdaq composite fell 57 points, or 0.8 percent, to 7,299. The Russell 2000 index of smaller-company stocks edged down 1 point, or 0.1 percent, to 1,546.
BANK ON BUFFETT:
Other financial companies also rose. Citigroup gained 1 percent to $66.60 and
TRIAL DATA: Eli
ENERGY: Benchmark
Natural gas soared 7.3 percent to $3.53 per 1,000 cubic feet following forecasts for cold weather in the next few days.
Daniel Ives of Wedbush said
Those indexes rose even though the office of British Prime Minister Theresa May dismissed reports the country is close to reaching a divorce agreement with the European Union. Officials have said negotiators are on the brink of a deal, which could be reached this month.
The pound rose to $1.3031 from $1.2963
BONDS: Bond prices rose. The yield on the 10-year Treasury note fell to 3.18 percent from 3.21 percent late Friday.
CURRENCIES: The dollar fell to 113.15 yen from 113.28 yen. The euro edged up to $1.1399 from $1.1398.
AP Markets Writer Marley Jay can be reached at http://twitter.com/MarleyJayAP