U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.40%
At the close in NYSE, the Dow Jones Industrial Average rose 0.40%, while the S&P 500 index added 0.47%, and the NASDAQ Composite index added 0.87%.
Category: Stock Markets
Puerto Rico government objects to moving forward with new debt plan
The U.S. commonwealth’s federally created financial oversight board had asked Judge Laura Taylor Swain to approve a schedule that would culminate with a confirmation hearing on a so-called plan of adjustment for Puerto Rico’s core government debt and pension obligations commencing in October.
U.S. meeting on Huawei, China policy still on for Thursday despite Trump tweets: sources
The deputy-level meeting was called to discuss issues including possible new restrictions on sales of chips made abroad to China’s blacklisted Huawei Technologies and on sales of airplane components to a Chinese aircraft maker.
UBS to name ING’s Ralph Hamers as CEO: FT
Hamers will succeed Sergio Ermotti, who has been with the company for close to a decade, the FT reported.
Fresenius Medical says fourth-quarter operating profit up 3%
FRANKFURT (Reuters) – Germany’s Fresenius Medical Care (DE:FMEG) on Wednesday said quarterly adjusted operating income edged 3% higher as growth in dialysis services and products was partly offset by a negative adjustment for accounts receivable in a legal dispute in North America.
