NEW YORK — U.S. stocks opened sharply higher Aug. 27 after slumping for six straight days amid concern that growth in China was slowing more quickly than previously thought.
The Dow Jones industrial average rose 370 points, or 2.4 percent, to 16,041 as of 9:37 a.m. Eastern. The Standard & Poor’s 500 index gained 41.09 points, or 2.1 percent, to 1,906.61. The Nasdaq composite climbed 101 points, or 2.3 percent, to 4,607.
Treasury bonds fell, pushing up the yield on the benchmark 10-year note to 2.16 percent.
Cameron international, a maker of equipment for the oil industry, jumped 45 percent after Schlumberger said it was buying the company in a cash-and-stock deal.
LOS ANGELES (AP) — Several housing economists are projecting that mortgage rates will ease moderately next year, though the forecasts call for the average rate on a 30-year home loan to remain above 6%.
FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.
NEW YORK – With a Zeibekiko, the dance of Zorba, and island dances, Commander John Pappas bid farewell to the NYPD Transit Bureau K-9 Unit, retiring after 29 years of service.
WASHINGTON (AP) — The Air Force is expanding its study of whether service members who worked with nuclear missiles have had unusually high rates of cancer after a preliminary review determined that a deeper examination is needed.
LIDECKO, Czech Republic (AP) — In an eastern corner of the Czech Republic, St.
NEW YORK (AP) — When Paul Giamatti made “Sideways” with Alexander Payne, he stayed in a little house in the middle of a large vineyard.
The 2024 Republican presidential primary field has narrowed, with Doug Burgum dropping out of the race.
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