Fed signals rate hikes lift banks and health shares
A late buying wave nudges U.S. stocks higher with banks and health care leading gains as Fed chair Janet Yellen cites improving jobs and inflation likely pushing borrowing costs up. Dow up 0.01 percent to 21 005.71. S P 500 +0.1 percent. Nasdaq +0.2 percent while Russell 2000 dips 0.1 percent.
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Janet Yellen
Fed
Brad McMillan
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Chicago
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Russell
Roundup highlights March women network meeting and state jobs data
The Women Business Owners Network schedules a March 16 gathering at Bistro 83 Wine Bar in North Ridgeville with Lois Potega of Family Promise as speaker and Carrie Willwock of Juice Plus as business spotlight. Ohio's January unemployment holds at 5 percent, with job gains in construction and manufacturing while education, leisure, and information sectors fall. A recall affects over 40,000 pounds of boneless veal from Ohio Farms Packing Co. GM and PSA Group edge toward a deal affecting Opel. PSA could gain 16 percent European sales if acquisition occurs.
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Westminster Ave
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Evercore Isi
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