Dow ends lower, S&P 500 squeaks by with fourth straight record close
U.S. stock indexes finished mixed on Wednesday, with the S&P 500 barely eking out a fourth consecutive all-time...
U.S. stock indexes finished mixed on Wednesday, with the S&P 500 barely eking out a fourth consecutive all-time high despite a batch of well-received earnings reports.
The S&P 500 SPX finished up only 3.95 points, or less than 0.1%, at 4,868.55, based on preliminary data.
The Dow Jones Industrial AverageDJIA closed down by 99.06 points, or 0.3%, at 37,806.39 after swinging between slight gains and losses. It had been up by as much as 158.77 points earlier in the day.
The Nasdaq CompositeCOMP ended up by 55.97 points, or 0.4%, at 15,481.92. Wednesday’s level is the highest since Jan. 4, 2022.
Benchmark U.S. crude oilfor March delivery rose 72 cents to $75.09 per barrel Wednesday. Brent crude for March delivery rose 49 cents to $80.04 per barrel.
Wholesale gasoline for February delivery was unchangedat $2.21 a gallon. February heating oilfell 1 centto $2.68 a gallon. February natural gasrose 19 centsto $2.64 per 1,000 cubic feet.
Enviros protest N.M.'s $500M produced water reuse plan
New Mexico Gov. Michelle Lujan Grisham's $500 million plan to advance the beneficial reuse of produced...
New Mexico Gov. Michelle Lujan Grisham's $500 million plan to advance the beneficial reuse of produced water from oil and natural gas operations is facing opposition from environmental and social justice groups. "It's intended to help oil and gas producers, particularly in the Permian Basin, to resolve their enormous problem with wastewater disposal and allow for continued extraction," New Energy Economy Executive Director Mariel Nanasi claimed.
Kinder Morgan is contemplating an expansion of its 500-mile,...
Kinder Morgan is contemplating an expansion of its 500-mile, 2-Bcf/d Gulf Coast Express natural gas pipeline to address the surge in demand for Permian Basin gas anticipated in the second half of the decade. The company aims to maintain its expansion momentum to capitalize on emerging opportunities in the rapidly expanding gas market.
Trump won the New Hampshire GOP primary. The former president defeated former South Carolina Gov. Nikki Haley, the only serious challenger remaining in the field. Haley will likely now face pressure to drop out, as New Hampshire was widely considered her best and last chance to beat Trump. Next up on the Republican primary schedule is Haley’s home state, where she’s down by 30 points, according to many polls. On the Democratic side, President Joe Biden easily beat Rep. Dean Phillips despite not even appearing on the ballot (he received write-in votes instead). Biden boycotted the primary after New Hampshire refused to comply with the Democratic National Committee’s decision to make South Carolina the first state to vote.
Charles Osgood, the longtime CBS Sunday Morning anchor and radio host, died at 91.
The Chiefs-Bills playoff game broke the record for the most-watched NFL divisional round game of all time, with 56 million viewers.
India’s stock market topped Hong Kong’s to become the fourth-biggest in the world.
Dwayne “The Rock” Johnson received $30 million in stock awards and was given full ownership of his stage name in exchange for joining the board of TKO Group, which owns WWE and UFC.
Apple reportedly delayed the launch of its self-driving car from 2026 to 2028 at the earliest.
Gallup research found that unhappy employees cost US companies $1.9 trillion in lost productivity last year.