While you were sleeping: Solid US jobs, manufacturing data

Thu, 15 Mar 2018

By Margreet Dietz March 16 (BusinessDesk) - Wall Street was mixed as solid US jobs and manufacturing data offset a drop in shares of pipeline companies such as Energy Transfer Partners and Williams Cos following a regulator ruling that no longer allows them to recover an important income-tax allowance. In 1.37pm trading in New York, the Dow Jones Industrial Average rose 0.8 percent. However, the Nasdaq Composite Index inched 0.06 percent lower. In 1.22pm trading, the Standard & Poor’s 500 Index rose 0.1 percent. The Dow rose as gains i...

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