Stocks Edge Up as Fed Policy Fears Subside
U S stocks rose as investors pushed back against immediate Fed stimulus cuts amid mixed data. ISM manufacturing showed modest June expansion to 50.9 while construction spending rose 0.5 percent, aiding a broader market advance led by materials and industrials. Dow up 0.4 percent to 14974, S&P 500 at 1614, Nasdaq 3434.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
U.S
Institute For Supply Management
Standard & Poor
Ben Bernanke
Bernanke
Fed
Jim Russell
Russell
Dow
Factory activity expands with June growth signals
ISM index rises to 50.9 in June from 49 in May signaling growth in U.S. factories. Export orders climb to 54.5 on overseas demand while manufacturing employment slips to 48.7 the lowest since September 2009. Stocks edge higher.
MENTIONED IN THIS ARTICLE
Washington
Uss
U.S
Institute For Supply Management
Japan
Student loan rates double without Congress action
Subsidized Stafford loans rise from 3.4 to 6.8 percent as Congress delays action. Estimated cost to students about 2600 dollars. Officials warn most borrowers face higher costs if Congress does not restore lower rates before fall term. Students weigh new repayment realities and alternative funding.
MENTIONED IN THIS ARTICLE
Congress
Washington — College
Joint Economic Committee
Angie Platt
University of Iowa
Lakeville
Minn
Senate
White House
Rebecca
Ehlers
Iowa State University
Terry Hartle
American Council On Education
Kolton Gustafson
George Washington University
Justin Draeger
National Association of Student Financial Aid Administrators
Tribune to buy Local TV assets including WJW Fox 8
Tribune Co announces a $2.73 billion deal to acquire Local TV and its 19 stations, including WJW Fox 8 in Cleveland. The purchase creates the largest U.S. local TV broadcaster, reaching over 50 million households and strengthening leverage in negotiations with cable and satellite providers.
MENTIONED IN THIS ARTICLE
LOS Angeles — Tribune Co
Local TV
WJW
Fox 8
Cleveland
Tribune
Cable
Satel
San Francisco
Nashville
Richmond
Media General
Ohio gas prices dip as Fourth of July travel nears
Ohio motorists face lower fuel costs as the state average for regular gasoline drops to 3.30 per gallon in the AAA OPI Wright Express survey. The 20 cent weekly decline follows refinery issues in the Great Lakes and puts Ohio below the national average of 3.49.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Auto Club Aaa
Oil Price Information Service
Wright Express
Great Lakes
Also Mentioned on This Page
Wall Street
Steve Rothwell
Associated Press
Christopher S. Rugaber
The
Source
Fox
Tribune Co
Deral DE Lorin
Wemper
Breeze
Www
Firstfedlorain.com
F. Npl Power
Lake Avenue
Elyria
Nplhomecare.com
the Market IN Review
Dow Jones
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nyse Met
S&p
Wilshire
It — Exchange
Nyse Nyse
Repros Wta
RexAmRes
CCA Inds
Ambient II
DeltaApd
Spherixrs
TRC Cos
PrimaRio
Graytva
Taseko
Fsh
Unifi
GrahamCo
AcuraPhm
Whitew
AskanoGg
SandsiGg
HanwhaSol
Insmed
Invest
IEC Elec
Pruvxst
Aldnevg
BkofAm
NwGold
Rei
Pfizer
Ss Ci
Siriusxm
Ishemkts
Napalig
Micront
Spor Findl
Bagoldg
Oracle
intNex
Cfcdag
At&t Inc NY
Microsoft Nasd
BkotAm NY
Baripvixrs NY
NiSource NY
Barrickg NY
Bob Evans Nasd
Nordson
Northropp NY
Cisco Nasd
Pandora NY
Citigroup NY
ParkerHan NY
Darden NY
NY Deliinc Nasd
Pfizer NY
CineEquity NY
OxGidBills NY
PwShs
FirstEngy NY
AschMonn
FitMent
Fmcg NY
GenElec
Sherwin NY
SprintNex NY
iShChina25
Sphithc
Isc Orsp500 NY
Spor Friel NY
Ishemkts NY
NY Lr
US Steel
Invacare NY
VangEmg NY
Jpmorgch NY
WalMart
Keycorp NY
Weilsf: NY
LNB Bnep Nasd
Wendys Co
Miktvgold NY
Zoetis
Sweet Crude
NYMX
New York Mercantile
Chicago Board of Trade
CME
Chicago Mercantile Pi
Nts
Merican Funds
BalAm MA
Cpwidgriamws
Invccoama m LB
American m
WA Mutinva m LV
Dodge & Cox IntiStrty
Dodge & Cox
Fidel NL
Spartan
Franklin Incomea
Frank Temp-Templeton GiBondAdv Ib
Harbor Intivist
Pimco TotRetAdm
PIMCO
Vanguard InstPlus
MuintAdmini
Vanguard TotBdAdmi
Vanguard
Totinti
Europe
F. Most
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