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Stocks inch higher; Molson Coors jumps on earnings

By WTOP Staff

NEW YORK (AP) — U.S. stocks are closing slightly higher, led by a rebound in consumer staples stocks.

The market had fallen to its lowest level since May a day earlier, when Russia massed troops near its border with Ukraine.

The Dow Jones industrial average rose 14 points, or 0.1 percent, to close at 16,443 Wednesday.

The Standard & Poor’s 500 index rose a fraction to end at 1,920. The Nasdaq composite rose two points, or 0.1 percent, to 4,355.

Molson Coors rose 6 percent after the company said its second-quarter profit rose 9 percent. Better pricing offset a global decline in the volume of beer sales.

Sprint plunged 19 percent after the company abandoned its pursuit of T-Mobile US.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.47 percent.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Emergency guide: What you should do to prepare for emergencies

By WTOP Staff
WASHINGTON — Do you know what you'd do if an emergency hits? What if you're at work, your spouse is stuck in traffic and your children are in school? There's no way to plan for every emergency, but you can make sure you're prepared for different scenarios, including making a plan for your family and building a kit of emergency supplies.
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