Kokomo Tribune; Kokomo, Indiana

Bonus content

March 15, 2014

US stocks edge lower in afternoon trading

The stock market edged lower Friday afternoon as investors remained focused on tensions between the West and Russia over Ukraine. Many bought utilities in a bid for lower-risk stocks.

KEEPING SCORE: The Standard & Poor's 500 index slipped four points, or 0.02 percent, to 1,842 as of 3:07 p.m. Eastern time. The Dow Jones industrial average fell 32 points, or 0.2 percent, to 16,076. The Nasdaq composite shed 10 points, or 0.3 percent, to 4,249.

CRIMEA QUESTION: Traders were monitoring discussions Friday between U.S. Secretary of State John Kerry and Russia Foreign Minister Sergei Lavrov. A referendum will be held Sunday in the Ukraine region of Crimea, where residents will vote on whether to split off from the rest of the country to join Russia. Lavrov told reporters that Russia has no plans to invade southeastern Ukraine. If Crimea secedes, the U.S. and European Union plan to slap sanctions as early as Monday on Russian officials and businesses accused of escalating the crisis and undermining Ukraine's new government.

QUOTE ON THE NEWS: Jim Russell, senior equity strategist at U.S. Bank Wealth Management, said the market's expectations and pricing have begun to reflect the assumption that Crimea will end up with Russia.

"We think the markets are going to trade very nervously, probably with a downward bias," he said.

SECTOR LOOK: Six of the 10 sectors in the S&P 500 index rose, led by utilities. Technology, health care, financials and industrials fell.

TUNING OUT: Liberty Media rose $9.66, or 7.7 percent, to $136.80. The company, which is controlled by billionaire John Malone, said late Thursday that it would drop its bid to buy the rest of the satellite radio provider Sirius XM.

FRESH BREW: Keurig jumped $7.05, or nearly 7 percent, to $113.21 after Starbucks said Friday that it has agreed to give up its right to be the only provider of premium coffee for Keurig's coffee brewing machines. That opens the door for Keurig to offer other high-quality coffee brands in single-serving packages.

Text Only | Photo Reprints
Bonus content
  • FedEx Indicted [Duplicate] FedEx charges raise online pharmacy issues SAN FRANCISCO (AP) — FedEx Corp., the latest company accused in a federal probe involving illegal online pharmacies, says it will fight the charges that it knowingly shipped drugs to people who lack valid prescriptions. The company says it would hav

    July 28, 2014 2 Photos

  • Salmonella Outbreak Trial [Duplicate] Trial in salmonella outbreak to start in Georgia ATLANTA (AP) — Three people accused of scheming to manufacture and ship salmonella-tainted peanuts that killed nine people, sickened more than 700 and prompted one of the largest food recalls in history are set to go to trial this week in south Georg

    July 27, 2014 1 Photo

  • Mideast Israel Palestinians-12 [Duplicate] Gaza war rages despite Hamas, Israel truce pledges GAZA CITY, Gaza Strip (AP) — Israel and Hamas launched new attacks Sunday in the raging Gaza war, despite each side offering different truces to temporarily halt nearly three weeks of fighting ahead of a major Muslim holiday. After initially rejecti

    July 27, 2014 10 Photos

  • Health Overhaul-3 [Duplicate] Plan to simplify 2015 health renewals may backfire WASHINGTON (AP) — If you have health insurance at your job, you probably don't give much thought to each year's renewal. But make the same assumption in one of the new health law plans, and it could lead to costly surprises. Insurance exchange custo

    July 27, 2014 2 Photos

  • Teen Pilot Crash_Kova.jpg Memorial service set to honor Indiana crash victims

    A memorial service at sea will be held for a 17-year-old pilot from Indiana and his father, whose plane crashed during an around-the-world flight attempt.

    July 26, 2014 1 Photo

  • Judge issues gag order in Gary police killing case

    A northwest Indiana judge has issued a gag order in the case against a man suspected of fatally shooting a Gary police officer.

    July 26, 2014

  • APTOPIX Mideast Israe_Kova (1).jpg Israel says it's extending Gaza truce for 24 hours

    A government official says Israel's Cabinet has decided to extend a humanitarian cease-fire for 24 hours, but that troops will respond to any fire from Gaza.

    July 26, 2014 1 Photo

  • APTOPIX Mideast Israe_Kova.jpg 3 rockets hit Israel as Hamas rejects Gaza truce

    The Israeli military says three rockets have been fired from Gaza at Israel despite a proposed extension of a humanitarian truce in the Gaza war.

    July 26, 2014 1 Photo

  • Carjacking Crash_Kova.jpg Carjackers on run after crash that killed 3 kids

    Two carjackers who fled after ramming a stolen SUV into a family selling fruit for their church, killing three young siblings, were still on the run Saturday as the reward for their capture topped $100,000.

    July 26, 2014 1 Photo

  • Official: Israel leans toward extending Gaza truce

    An Israeli government official says Israel is "leaning toward" extending a 12-hour humanitarian truce in the Gaza war by at least four hours.

    July 26, 2014

Latest news
Featured Ads
Only on our website
AP Video
Traditional African Dishes Teach Healthy Eating The Carbon Trap: US Exports Global Warming 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins Raw: Bolivian Dancers Attempt to Break Record Raw: Israel, Palestine Supporters Rally in US Raw: Air Algerie Flight 5017 Wreckage Virginia Governor Tours Tornado Aftermath Judge Faces Heat Over Offer to Help Migrant Kids Kangaroo Goes Missing in Oklahoma More M17 Bodies Return, Sanctions on Russia Grow Raw: Deadly Tornado Hits Virginia Campground Ohio State Marching Band Chief Fired After Probe Raw: Big Rig Stuck in Illinois Swamp
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries
Poll
Kelly Lafferty's video on Tom Miller