Gilmer Free Press

Closing Bell

The Free Press WV

Stocks swung between green and red Wednesday, finishing largely unchanged after oil took a tumble and the threat of a possible government shutdown if no government spending deal is reached this week.

Here’s the scoreboard:

  • S&P 500: 2,629.27 (-0.01%)
  • Dow: 24,142.01 (-0.16%)
  • Nasdaq: 6,776.38 (+0.23%)
  • Oil: $55.89 (-2.73%)
  • 10-year treasury bond: 2.35% (-0.83)

UnitedHealth Group Inc said it would buy kidney care services provider DaVita Inc’s medical unit for about $4.9 billion cash, as the health insurer looks to expand operations in outpatient care services.

Home Depot is buying back $15 billion worth of its stock from shareholders.

Major Wall Street firms, including Goldman Sachs, say to expect more M&A activity in 2018 thanks to the GOP tax plan and robust cash levels.

Tim Cook gave a big speech about apps in China, but the stock stayed flat.

--> Wednesday, December 06, 2017
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