Stocks gain...Oil futures higher... Fed minutes show most officials expect stable rate
NEW YORK (AP) — Stocks are broadly higher on Wall Street, allowing the market to recoup some of the ground it lost a day earlier. The S&P 500 index rose 10 points, or 0.3%, to 2,888. The Dow Jones Industrial Average gained 6 points, or 0.03%, to 26,157. And the Nasdaq composite added 54 points, or 0.7%, to 7,964. Meanwhile, the Russell 2000 index of small-company stocks picked up 21 points, or 1.4%, to 1,581.
NEW YORK (AP) — Crude oil futures prices ended higher on the New York Mercantile Exchange today. The near-month contract for the benchmark grade rose 63 cents -- closing at $64.61 a barrel.
WASHINGTOB (AP) — A majority of Federal Reserve officials last month believed that economic conditions would likely warrant keeping the Fed’s benchmark policy unchanged for the rest of this year. Several officials said their view could shift in either direction based on incoming data, according to minutes of the meeting.
MENLO PARK, Calif. (AP) — Facebook says it is rolling out a wide range of updates aimed at combatting the spread of false and harmful information on the social media site. They will limit the visibility of links found to be significantly more prominent on Facebook than across the web as a whole. The company is also expanding its fact-checking program with outside expert sources, including The Associated Press, to vet videos and other material posted on Facebook.
BRUSSELS ( (AP) — European Union leaders are wrangling over whether to save Britain from a precipitous and potentially calamitous Brexit, or to give the foot-dragging departing nation a shove over the edge. Prime Minister Theresa May has pleaded with the 27 other EU leaders at an emergency summit to delay Britain’s exit, due on Friday, until June 30 while the U.K. sorts out the mess that Brexit has become.