stock news today

Sysco (Nasdaq: SYY) Buys U.S. Foods, Owns 25% of $235 Billion Market

Buffet

Sysco definitely needed some kind of a jolt. Earnings this year were disappointing, with net profit down 12% from the previous year. Numbers like that put a drag on the stock, which was up only 8% in an otherwise booming market. But news that Sysco is buying U.S. Foods sent the stock soaring as much as 25%.

Here's why the deal has investors so thrilled...

Stock Market News Today: Iran Reaches Nuclear Deal, Wal-Mart Names New CEO

Stock Market News Today, Nov. 25: Stocks are trading a bit higher this morning, with the Nasdaq topping 4,000 for the first time since 2000 and the Dow Jones Industrial Average and the S&P 500 primed for another record day.

The biggest market news today: Global leaders reached a deal with Iran regarding its nuclear program.

To continue reading, please click here...

Stock Market News Today: What Week 2 of a Government Shutdown Looks Like

Stock market news today focuses on market reactions to the second week of the government shutdown, with markets down 80 points with just a couple hours of trading left in the day.

Investors are increasingly concerned that the conflict will not be resolved soon and fear the political stalemate will extend to the debt ceiling issue.

Without a debt ceiling resolution by Oct. 17, the United States would be in default, which would have a more damaging effect on the economy than this shutdown.

As a result, stocks are lower in trading today in all sectors. The S&P 500 is down about 0.4% at 1,683.00 points, and the Dow Jones Industrial Average is down 0.6% at 14,989.80 points.

To continue reading click here...

Stock Market News Today

A few major mergers and acquisition deals are claiming headlines in stock market news today.

Last month, stocks suffered their biggest monthly decline in a year. But today stocks are kicking off September on a positive note after a three-day weekend. Stocks are rebounding from last week's selloff, stemming from fears of a U.S. strike against Syria.

To continue reading, please click here...

© 2014 Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201, Email: customerservice@MoneyMorning.com