News Summary: Stocks rise on Monday


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

(AP) - STOP WORRYING: Investors focused more on positive economic news and less on whether the Federal Reserve will begin to slow its stimulus this week. Positive economic news and two mergers boosted stock indexes.

ENDING A SLUMP: Monday brought the first gain for the Standard & Poor's 500 index in five days.

WHAT'S NEXT: The Federal Reserve's two-day meeting begins on Tuesday, with its next policy announcement expected on Wednesday.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button