Another record day on Wall Street... Oil prices drop... Tuna recall
Jun. 02, 2017
NEW YORK (AP) — Stock indexes are again hitting record heights, led by technology companies and dividend payers. This despite sinking bond yields and a lower dollar value because the nation's job growth slowed last month. The S&P 500 rose 9 points to 2,439. The Dow gained 62 points to end the day at 21,206 and the Nasdaq composite added 59 points to reach 6,305. All three indexes added to records set on Thursday.
NEW YORK (AP) — The price of oil continues to sink. Benchmark U.S. crude oil fell 70 cents, or 1.4 percent today, to settle at $47.66 per barrel in New York. Meanwhile, Brent crude, used to price international oils, sank 68 cents to $49.95 per barrel in London.
OKLAHOMA CITY (AP) — Some imported frozen tuna cubes and steaks are being recalled after testing showed they could be contaminated with the hepatitis A virus. The Food and Drug Administration says Hawaii-based Hilo Fish Company told the agency in May it had recalled yellowfin tuna that tested positive for the virus. Hilo says the fish was sourced from Sustainable Seafood Company in Vietnam and Santa Cruz Seafood Inc. in the Philippines.
DEARBORN, Mich. (AP) — Little Caesars is firing back in a dispute with a Muslim man over halal pizza at a Detroit-area location. An attorney for the company says the man ordered a pepperoni pizza without pork, but then switched his order to a hot-and-ready pizza. The lawyer says pizzas available for instant purchase typically aren't halal, which are meals that follow Islamic custom and don't contain pork. Mohamad Bazzi is suing the pizza chain.
DALLAS (AP) — The New York attorney general says Exxon Mobil is misleading investors about how it estimates the potential cost of climate-change regulations. Eric Schneiderman says in a court filing that Exxon's calculations "may be a sham." He says the oil company told investors it used one estimate of regulatory costs on projects, but then applied a lower estimate. That makes some of its oil and gas projects look like they will be more profitable and less risky.