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VOL. 40 | NO. 28 | Friday, July 8, 2016

US stock indexes close mostly higher

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NEW YORK (AP) — Stocks ended mostly higher on Wall Street after a three-day rally lost momentum.

The Dow Jones industrials and the Standard & Poor's 500 index remained at record highs Wednesday.

In a sign investors remain cautious, utility companies rose more than the rest of the market.

Energy companies fell along with the price of oil. Hess slumped 3.5 percent and Devon Energy lost 2.5 percent.

The Dow rose 24 points, or 0.1 percent, to 18,372.

The S&P 500 edged up less than a point to 2,152. The Nasdaq composite lost 17 points, or 0.3 percent, at 5,005.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.47 percent from 1.51 percent.

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TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0