US stocks mostly higher, shaking off another drop in China

Image
AP New York
Last Updated : Jan 11 2016 | 11:22 PM IST
US stocks are struggling mostly higher as traders look past another plunge in China.
Hospital operator HCA Holdings jumped 7 percent Monday, the most in the Standard & Poor's 500 index, after raising its profit forecast.
The Dow Jones industrial average gained 52 points, or 0.3 percent, to 16,393 as of 11:45 a.M. Eastern time.
The S&P 500 index edged up two points, or 0.1 per cent, to 1,923. The Nasdaq composite slipped four points, or 0.1 per cent, to 4,637.
Energy and mining companies fell as prices of oil, copper and other commodities sank. Mining company Freeport-McMoRan slumped 18 percent.
In China, the Shanghai composite fell 5.3 per cent. Bond prices fell. The yield on the 10-year Treasury note rose to 2.15 per cent.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 11 2016 | 11:22 PM IST

Next Story