scorecard
  1. Home
  2. stock market
  3. STOCKS CLOSE FLAT: Here's what you need to know

STOCKS CLOSE FLAT: Here's what you need to know

Akin Oyedele   

STOCKS CLOSE FLAT: Here's what you need to know
Stock Market2 min read

trading floor traders empty

Frank Polich/Reuters

Stocks earned a small gain for the week after a mostly quiet day of trading for the three main indexes. Health insurance and hospital stocks gained following news that the GOP's latest attempt to repeal Obamacare appears doomed.

Here's the scoreboard:

  • Dow: 22,346.97 -12.26 (-0.05%)
  • S&P 500: 2,502.42 +1.82 (0.07%)
  • Nasdaq: 6,425.59 +2.90 (0.05%)
  1. Sen. John McCain of Arizona may have dealt a second fatal blow to the GOP's latest healthcare legislature. In a statement, McCain said the lack of "regular order" in crafting the legislation meant he could not support it.
  2. T-Mobile and Sprint are closing in on a deal. Japan's SoftBank Group, which controls Sprint, will own 40% to 50% of the combined company, two sources familiar with the matter told Reuters.
  3. JPMorgan CEO Jamie Dimon doubled down on his anti-bitcoin position, saying cryptocurrencies like bitcoin and ether 'are a kind of novelty.' "It's creating something out of nothing that to me is worth nothing," Dimon told CNBC-TV18 in New Delhi. "It'll end when people lose a lot of money."

Additionally:

ROBERT SHILLER: Stocks look just like they did right before the 13 most recent bear markets

The 'death rate' of America's biggest companies is surging

It sounds like Trump's people have fallen for big pharma's nonsense, hook, line and sinker

Trump's people are back to giving really disconcerting interviews about the auto industry

Rents are finally flatlining in San Francisco and New York - here's what's causing it

Traders are betting billions against Disney

READ MORE ARTICLES ON


Advertisement

Advertisement