fbpx
published on June 26, 2017 - 2:02 PM
Written by Associated Press

Utilities led U.S. stocks mostly higher as falling bond yields made high-dividend companies more attractive to investors seeking income.

Phone companies and banks also did well. Verizon rose 0.8 percent and Wells Fargo gained 0.9 percent, more than the rest of the market.

Other sectors ended mostly higher but broad market indexes were mixed. Technology companies fell the most after giving back gains from an early rally.

Google’s parent company, Alphabet, fell 1.4 percent.

The Standard & Poor’s 500 index rose less than 1 point to 2,439.

The Dow Jones industrial average climbed 14 points, or 0.1 percent, to 21,409. The Nasdaq composite fell 18 points, or 0.3 percent, to 6,247.


e-Newsletter Signup

Our weekly poll

What's your favorite brand mascot?

Loading ... Loading ...

Central Valley Biz Blogs

shares