WASHINGTON (AP) - Americans' wealth reached an all-time high this summer, buoyed by record-setting stock prices and a healthy recovery in home values.
The combined company would have increased leverage selling and distributing food goods from manufacturers to restaurants, hospitals, hotels, schools and other institutions.
... Print. * Robust China trade data a promising sign for global growth. * Three Fed officials speak on outlook for stimulus reduction.
U.S. Treasurys held on to their gains Monday, despite a trio of Federal Reserve officials acknowledging the possibility of a cut in the central bank's stimulus program, suggesting that bond investors brace themselves for less Fed support.
NEW YORK -- Wall Street saw a modest lift in stock prices Monday, pushing the broad S&P 500 above its record close and extending the gains from Friday that were sparked by a stronger-than-expected reading on job growth.