The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Today

Hi55° Rain

Tonight

Lo39° Areas Fog

Saturday

Hi55° Areas Fog

Saturday Night

Lo37° Partly Cloudy

Sunday

Hi54° Mostly Sunny

Sunday Night

Lo40° Slight Chc Showers

Monday

Hi52° Slight Chc Rain

Monday Night

Lo45° Rain Likely

Tuesday

Hi57° Partly Sunny

Tuesday Night

Lo44° Slight Chc Rain

Wall Street

Send to Kindle
Print This

NEW YORK (AP) — Another quiet day, another quiet record. Stocks rose modestly Thursday, sending the Standard & Poor’s 500 index to another record high. Investors rallied behind a bidding war in the food industry as well as a somewhat positive report on the U.S. labor market.

Among the biggest gainers was deli meat and hotdog maker Hillshire Brands, which jumped $7.95, or 18 percent, to $52.76. Only two days after Pilgrim’s Pride made a $5.56 billion offer to buy the company, chicken company Tyson Foods stepped in to offer $6.2 billion. Investors expect that Tyson’s offer will start a bidding war.

View my optionsorSign in