NEW YORK (AP) — Stocks are closing higher, pushing the Dow Jones industrial average near its record high.

The market overcame an early loss caused by new steps from China to rein in its booming housing market.

The Dow closed up 38 points at 14,127 Monday, a gain of 0.3 percent. The index is 37 points shy of its all-time high reached in October 2007.

The Standard & Poor's 500 index rose seven points, half a percent, to 1,525. The Nasdaq composite rose 12 points, or 0.4 percent, to 3,182.

Apple fell 2.4 percent to its lowest level in a year. Energy company Hess jumped 3.5 percent after saying it would sell its retail business.

More stocks rose than fell on the New York Stock Exchange. Trading volume was thin at 3.3 billion shares.

About News.net

Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.

 

FAQs

Email

If you have any questions or concerns please email us on support@news.net

Phone

  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.

Cancel