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Up day on Wall Street...Oil prices down again... Job openings near two-decade high

November 6, 2018

NEW YORK (AP) — Stocks have finished higher today as industrial and technology companies recovered some of the big losses they took over the last month. Strong company earnings also contributed to the gains. The S&P 500 rose 17 points, or 0.6 percent, to 2,755.. The Dow gained 173 points, or 0.7 percent, to close at 25,635. The Nasdaq picked up 47 points, or 0.6 percent, to 7,375. And the Russell 2000 rose 8 points, or 0.6 percent, to end the day at 1,556.

NEW YORK (AP) — Oil prices continue to slide. The price dipped today after the U.S. said it would allow a group of allies to continue buying oil from Iran as long as they continued to try to reduce their imports from that nation. The U.S. reinstated sanctions on Iran this month. Benchmark U.S. crude oil fell 1.4 percent today to $62.21 a barrel in New York. In early October it traded above $76 a barrel. Also, Brent crude dipped 1.4 percent to $72.13 a barrel in London.

WASHINGTON (AP) — The number of jobs posted by employers declined slightly in September but still exceeded the number of unemployed Americans and remained near a two-decade high. A government report is the latest evidence that companies are straining to fill jobs in the face of a robust job market with low unemployment. The report says job openings declined 4 percent to roughly 7 million, close to the highest levels on records dating back to December 2000.

LONDON (AP) — Facebook says it blocked 115 accounts for suspected “coordinated inauthentic behavior” linked to foreign groups attempting to interfere in today’s midterm elections. The social media company shut down 30 Facebook accounts and 85 Instagram accounts and is investigating them in more detail, it said in a blog post late Monday. Facebook acted after being tipped off Sunday by U.S. law enforcement officials.

NEW YORK (AP) — Facebook is admitting that it didn’t do enough to prevent its platform from being used to incite violence and spread hate in Myanmar. Facebook has gotten heavy criticism for permitting itself to be used to inflame ethnic and religious conflict in the country, particularly against minority Rohingya (ROH’-hihn-jah) Muslims. A report it commissioned confirms this and offers recommendations.

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