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Markets Right Now: Wall Street closes slightly higher Monday

June 11, 2018

NEW YORK (AP) — The latest on developments in financial markets (all times local):

4 p.m.

Stocks are closing slightly higher on Wall Street, helped by corporate deal news.

Physician services provider Envision Healthcare rose 2.3 percent Monday after KKR agreed to buy it for about $10 billion.

Household goods makers continued their recent rally. General Mills rose 3.5 percent.

The market had little reaction to the Group of Seven meeting, which ended Saturday with President Donald Trump withdrawing from a group statement on trade and criticizing Canada’s prime minister.

Trump is now in Singapore and will meet with North Korean leader Kim Jong Un in Singapore Monday night.

The S&P 500 index rose 3 points, or 0.1 percent, to 2,782

The Dow Jones industrial average rose 5 points to 25,322. The Nasdaq composite edged up 14 points, or 0.1 percent, to 7,659.

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11:45 a.m.

Stocks are slightly higher at midday Monday, helped by corporate deal news.

Physician services provider Envision Healthcare rose 2.5 percent Monday after KKR agreed to buy it for about $10 billion.

Building materials supplier USG rose 3.8 percent after Germany’s Knauf agreed to buy it for $7 billion.

The market had little reaction to the Group of Seven meeting, which ended Saturday with President Donald Trump withdrawing from a group statement on trade and criticizing Canada’s prime minister.

Trump is now in Singapore and will meet with North Korean leader Kim Jong Un in Singapore Monday night.

The S&P 500 index rose 6 points, or 0.2 percent, to 2,785

The Dow Jones industrial average rose 24 points or 0.1 percent, to 25,343. The Nasdaq composite edged up 17 points, or 0.2 percent, to 7,663.

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9:35 a.m.

Stocks are opening higher on some corporate deal news. There was little immediate response to the turbulent end of the Group of Seven meeting.

Physician services provider Envision Healthcare rose 2.6 percent Monday after KKR agreed to buy it for about $10 billion.

Building materials supplier USG rose 3.8 percent after Germany’s Knauf agreed to buy it for $7 billion.

The G-7 meeting ended Saturday with President Donald Trump withdrawing from a group statement on trade and criticizing Canada’s prime minister.

The S&P 500 index rose 1 point, or 0.1 percent, to 2,780

The Dow Jones industrial average climbed 12 points, or 0.1 percent, to 25,327. The Nasdaq composite edged up 4 points, or 0.1 percent, to 7,649.

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