Dow Jones ends down nearly 100 points as stock rally stalls after run to records
Wall Street took another breather on Tuesday, with the Dow Jones Industrial...
Wall Street took another breather on Tuesday, with the Dow Jones Industrial Average suffering its worst day in over a week after notching multiple record highs earlier this month, while investors eyed fresh data on slipping consumer attitudes and awaited a closely watched inflation gauge due later in the week.
The S&P 500SPXwas up 0.2%, ending around 5,078, according to preliminary data from FactSet.
The Dow Jones Industrial AverageDJIAdropped 0.3%, to finish near 38,972. It was the largest one-day point and percentage decline for the blue-chip index since Feb. 16, according to Dow Jones Market Data.
The Nasdaq Composite COMPadvanced 0.4%, to end around 16,035, snapping a two-day losing streak.
Oklahoma gas prices are 20 cents higher than a month ago
The U.S. average is $3.27 per gallon while Oklahoma’s average is $2.87....
The U.S. average is $3.27 per gallon while Oklahoma’s average is $2.87. The Oklahoma average price is up four weeks from a week ago and 20 cents higher than a month ago according to AAA Oklahoma.
Oklahoma City motorists pay an average of $2.83, two cents more than a week ago and 11 cents higher than a month earlier.
Tulsa’s average is $2.90, 12 cents more than last week and 28 cents higher than last month.
U.S. durable-goods orders dropped more than 6% in January
The numbers: Orders for durable or long-lasting goods...
The numbers: Orders for durable or long-lasting goods sank 6.1% in January, but the decline was exaggerated by a brief lull in orders for Boeing passenger planes. Economists polled by The Wall Street Journal had forecast a 5% decline.
New orders fell by a mild 0.3% last month if planes and cars were stripped out. Orders minus transportation give a more accurate view of how well businesses are performing.
A key measure of business investment, meanwhile, was basically flat. So-called core orders edged up 0.1% in January.
Big picture: The industrial side of the economy has been showing signs of recovery after a long stretch of weakness.
Colorado's oil and natural gas industry and business groups are rallying...
Colorado's oil and natural gas industry and business groups are rallying against a trio of bills in the state Senate that would tighten air quality standards and emission rules and halt the issuance of new oil and gas permits by 2030. "Ideas like this are harmful to the Colorado economy and many of of them are bad for the environment," said American Petroleum Institute-Colorado Director Kait Schwartz.
Sweden will soon be the 32nd member of the military alliance, after Hungary’s...
Sweden will soon be the 32nd member of the military alliance, after Hungary’s parliament voted yesterday to allow the nation to join NATO following more than a year and a half of saying “you can’t sit with us.” Sweden and Finland both sought to join after Russia invaded Ukraine. All member countries must approve any new ones, and while Finland got a quicker nod, Hungary’s authoritarian prime minister, Viktor Orban, blocked a vote on Sweden’s bid for more than 18 months. His decision to finally allow the vote, which went 188 to 6 in favor of admitting Sweden, paves the way for Sweden to join NATO as soon as this week.
