NEW YORK–US stocks Wednesday edged higher despite new Russian sanctions against the West and amid disappointing news that major potential media and telecom mergers fizzled.
The Dow Jones Industrial Average gained 13.87 points (0.08 percent) to 16,443.34.
The broad-based S&P 500 was essentially flat, rising 0.03 of a point to 1,920.24, while the tech-rich Nasdaq Composite Index rose 2.22 (0.05 percent) to 4,355.05.
Russian President Vladimir Putin slapped one-year bans and limits on food and agricultural imports from nations that have imposed sanctions on Russia over its defiant stance on Ukraine.
Meanwhile, Rupert Murdoch’s…Keep on reading: US stocks rise despite sanctions, deal disappointments …read more
Source: The Philippine Daily Inquirer
