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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 17, 2024
Page
5
Wall Street finishes its strongest week of the year with the S&P 500 up 0.2 percent, the Dow up 0.2 percent, and the Nasdaq higher as yields ease. Traders weigh mixed housing data and cooling inflation as market optimism persists ahead of possible Fed rate cuts.
Senator Menendez of New Jersey says he is ending his independent bid for re election while preparing to resign after his federal bribery conviction. His move could affect the race between Democrat Andy Kim and Republican Curtis Bashaw as Puerto Rico and Bermuda storms, OpenAI, and FDA news roll in.
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