Stock market opens high in early trading - CBS News

CBS News| Mon Dec 04 07:00:37 EST 2017
Stocks are opening solidly higher on Wall Street following more deal news and progress on the Republican tax overhaul plan, which passed the Senate in the early morning hours Saturday. Banks rose more than the rest of the market in early trading Monday. Bank of America (BAC) jumped 3.4 percent. Consumer-focused and industrial companies were also putting up big gains. Cable TV and entertainment company Comcast (CMCSA) rose 3.4 percent and Boeing (BA) rose 2.2 percent. Aetna (AET) rose 1.8 percent after the health insurer agreed to be acquired by drug store operator CVS (CVS). CVS fell 3.9 percent. "We think the chances the tax bill will be finished by the end of 2017 have risen to around 65% ..

Related Articles

Stocks are opening solidly higher on Wall Street following more deal news and progress on the Republican tax overhaul plan, which passed the Senate in the early morning hours Satur....
CBS News| Mon Dec 04 07:00:37 EST 2017
Stocks were mixed Monday as Republicans in Congress made progress on a bill to overhaul the nation's tax code. The Standard & Poor's 500 index rose 8 points, or 0.3 percent, to....
CBS News| Mon Dec 04 10:00:43 EST 2017
Stocks surged early Monday, buoyed by progress on a bill to overhaul the nation's tax code, but faded later in the trading session. The Standard & Poor's 500 index fell 3 point....
CBS News| Mon Dec 04 13:00:50 EST 2017
FILE - In this Tuesday, Feb. 9, 2016, file photo, a trader works at the New York Stock Exchange. Stocks are opening solidly higher on Wall Street, Monday, Dec. 4, 2017, following m....
Pos Bulletin| Mon Dec 04 10:57:47 EST 2017
FILE - In this Tuesday, Feb. 9, 2016, file photo, a trader works at the New York Stock Exchange. Stocks are opening solidly higher on Wall Street, Monday, Dec. 4, 2017, following m....
Pos Bulletin| Mon Dec 04 07:10:51 EST 2017
(Reuters) - Wall Street indexes rose on Monday as Republican-led efforts to slash corporate tax rates cleared a major hurdle, with investors picking stocks that have lagged for muc....
Reuters| Mon Dec 04 07:00:03 EST 2017
(Reuters) - Wall Street indexes rose on Monday as Republican-led efforts to slash corporate tax rates cleared a major hurdle, with investors picking stocks that have lagged for muc....
Reuters| Mon Dec 04 07:07:11 EST 2017
(Reuters) - Wall Street indexes rose on Monday as Republican-led efforts to slash corporate tax rates cleared a major hurdle, with investors picking stocks that have lagged for muc....
Reuters| Mon Dec 04 07:07:16 EST 2017
* Banks win, tech stocks lose * Aetna down after CVS agrees to buy co for $69 bln * Media stocks rise on deal talk * Indexes: Dow up 0.65 pct, S&P up 0.37 pct, Nasdaq off 0.34 ....
Reuters| Mon Dec 04 10:08:14 EST 2017
(Reuters) - Wall Street was set to start the week on a bright note after the U.S. Senate passed its version of a tax overhaul bill, bringing closer to reality President Donald Trum....
Reuters| Mon Dec 04 04:00:03 EST 2017
* Bank and industrial stocks among biggest premarket gainers * Aetna rises after CVS agrees to buy co for $69 bln * General Cable jumps after Prysmian’s deal to buy company * Futur....
Reuters| Mon Dec 04 04:14:38 EST 2017
The Dow Jones industrial average reached a record high on Monday, with banks and retailers surging and technology companies falling as investors realigned their portfolios in hopes....
The Washington Post| Mon Dec 04 16:32:12 EST 2017
NEW YORK (Reuters) - Global stock markets rose on Monday, along with the dollar and Treasury yields, after a major U.S. tax overhaul cleared an important hurdle. U.S. Dollar bankno....
Reuters| Mon Dec 04 07:07:08 EST 2017
___ $69B Aetna bid pushes CVS deeper into consumers' lives CVS Health says its $69-billion acquisition of the insurer Aetna will help create a customer "front door" to health care ....
ABC News| Mon Dec 04 16:39:06 EST 2017
NEW YORK (AP) — Stock indexes didn't do much at first glance on Monday, but the modest move for the Standard & Poor's 500 masked some dramatic changes roiling underneath the su....
Pos Bulletin| Mon Dec 04 13:12:43 EST 2017
Stock indexes didn't do much at first glance Monday, but the modest move for the Standard & Poor's 500 masked some dramatic changes roiling underneath the surface. Telecom stoc....
Los Angeles Times| Mon Dec 04 13:01:29 EST 2017
Shares were steady in Asia on Tuesday after a lackluster session on Wall Street where technology stocks tumbled. Investors are keeping an eye on U.S. tax legislation and Brexit neg....
ABC News| Mon Dec 04 16:39:09 EST 2017
NEW YORK (Reuters) - CVS Health Corp and Aetna Inc on Monday said their $69 billion deal to combine the pharmacy and drug benefit manager and the No. 3 U.S. health insurer would tr....
Reuters| Mon Dec 04 10:08:14 EST 2017
(Reuters) - U.S. drugstore chain operator CVS Health Corp (CVS.N) said on Sunday it had agreed to acquire U.S. health insurer Aetna Inc (AET.N) for $69 billion, seeking to tackle s....
Reuters| Sun Dec 03 13:00:03 EST 2017
CVS Health wants to do much more than fill your prescription or jab your arm with an annual flu shot. The drugstore chain is buying the nation's third-largest health insurer in ord....
Pos Bulletin| Sun Dec 03 13:47:02 EST 2017
A drugstore chain that used to hawk cigarettes behind the front counter now wants to offer nutrition advice and work with your doctor to keep you healthy. CVS Health says it wants ....
Chron| Mon Dec 04 16:37:01 EST 2017
NEW YORK (Reuters) - CVS Health Corp (CVS.N) and Aetna Inc (AET.N) top executives on Monday defended their planned merger to Wall Street analysts who questioned the $69 billion dea....
Reuters| Mon Dec 04 04:28:54 EST 2017
(Reuters) - Wall Street’s main indexes surged at the opening on Monday after the U.S. Senate passed its version of a tax overhaul bill, bringing closer to reality President Donald ....
Reuters| Mon Dec 04 04:07:02 EST 2017
Dec 4 (Reuters) - Wall Street’s main indexes surged at the opening on Monday after the U.S. Senate passed its version of a tax overhaul bill, bringing closer to reality President D....
Reuters| Mon Dec 04 04:47:14 EST 2017
Pharmacy giant CVS Health has agreed to buy Aetna in a $69-billion blockbuster acquisition that could rein in healthcare costs and transform its 9,700 pharmacy storefronts into com....
Los Angeles Times| Sun Dec 03 10:00:51 EST 2017
(Refiles to fix link) To access the newsletter, click on the link: here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 6:00 pm: E....
Reuters| Sun Dec 03 22:13:16 EST 2017
To access the newsletter, click on the link: here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 6:00 pm: Economic Advisory Counc....
Reuters| Sun Dec 03 19:05:50 EST 2017
Check out which companies are making headlines before the bell: CVS Health — The health-care company agreed to buy insurance company Aetna for around $69 billion in cash and stock,....
CNBC| Mon Dec 04 04:00:13 EST 2017
Shares of pharmacy chain giant CVS Health Corp. fell Monday morning as investors expressed uncertainty about its $69-billion deal to acquire health insurer Aetna Inc. CVS stock was....
Los Angeles Times| Mon Dec 04 07:00:54 EST 2017
Republicans will try Monday to urgently reconcile the tax overhaul bills they passed in the House and Senate, entering a delicate period where they have to retain the support of th....
The Washington Post| Mon Dec 04 07:55:05 EST 2017
CVS will buy insurance giant Aetna in a roughly $69 billion deal that will help the drugstore chain reach deeper into customer health care and protect a key client, the companies a....
Pos Bulletin| Sun Dec 03 16:07:23 EST 2017
Stocks that moved substantially or traded heavily on Monday: General Cable Corp., up $7.65 to $29.45 The wiring maker agreed to be bought by Prysmian Group for $30 a share, or $1.5....
ABC News| Mon Dec 04 16:39:07 EST 2017
CVS Health says that its $69-billion takeover of insurance giant Aetna will be good for consumers. That, of course, is unlikely. For the deal to benefit consumers, it would have to....
Los Angeles Times| Mon Dec 04 10:01:16 EST 2017
(Reuters) - Shares of the biggest U.S. banks were higher after the Senate approved a tax overhaul bill on Saturday, which will provide significant tax cuts for businesses. JPMorgan....
Reuters| Mon Dec 04 04:00:03 EST 2017
CVS Health wants to do much more than fill your prescription or jab your arm with an annual flu shot. The second-largest U.S. drugstore chain is buying Aetna, the third-largest hea....
Post Bulletin| Sun Dec 03 19:56:21 EST 2017
NEW YORK, Dec 4 (Reuters) - CVS Health Corp and Aetna Inc top executives on Monday defended their planned merger to Wall Street analysts who questioned the merits of the $69 billio....
Reuters| Mon Dec 04 04:28:51 EST 2017
This Wednesday, Jan. 18, 2017, file photo shows a CVS Pharmacy in Pittsburgh. CVS Health, the second-largest U.S. drugstore chain, is buying Aetna, the third-largest health insurer....
mySanAntonio.com| Mon Dec 04 10:54:07 EST 2017
Companies such as Chipotle Mexican Grill and Lowe's may benefit the most from the Republican Party's attempt at a national tax overhaul, Credit Suisse said. The GOP has been scramb....
CNBC| Mon Dec 04 07:39:19 EST 2017

You May Also Like To Read

(Newser) – It was a mixed day on Wall Street as investors pondered which companies would be winners and losers if a Republican-sponsored tax overhaul goes through, the AP reports. ....
Newser| Mon Dec 04 13:06:31 EST 2017
NEW YORK (Reuters) - Wall Street pulled back on Tuesday as a technology stock rebound lost steam and enthusiasm from a tax-cut proposal waned, while copper prices fell steeply to t....
Reuters| Mon Dec 04 16:00:04 EST 2017
NEW YORK (Reuters) - CVS Health Corp (CVS.N) and Aetna Inc (AET.N) top executives on Monday defended their planned merger to Wall Street analysts and investors who questioned the n....
Reuters| Mon Dec 04 07:00:03 EST 2017
NEW YORK (Reuters) - CVS Health Corp (CVS.N) and Aetna Inc (AET.N) top executives on Monday defended their planned merger to Wall Street analysts and investors who questioned the n....
Reuters| Mon Dec 04 07:07:09 EST 2017
NEW YORK (Reuters) - CVS Health Corp (CVS.N) and Aetna Inc (AET.N) top executives on Monday defended their planned merger to Wall Street analysts and investors who questioned the n....
Reuters| Mon Dec 04 07:07:16 EST 2017
Drugstore chain operator CVS Health Corp said on Dec. 3 it had agreed to acquire health insurer Aetna Inc for $69 billion, seeking to tackle soaring healthcare spending through low....
The Washington Post| Sun Dec 03 13:00:07 EST 2017
LONDON (Reuters) - The dollar jumped on Monday versus the currencies of other developed and emerging nations while Treasury yields rose and Wall Street was primed for a another rec....
Reuters| Mon Dec 04 01:04:26 EST 2017
NEW YORK (Reuters) - CVS Health Corp (CVS.N) and Aetna Inc (AET.N) said on Monday their $69 billion deal to combine the pharmacy and drug benefit manager and the No. 3 U.S. health ....
Reuters| Mon Dec 04 13:17:49 EST 2017
A CVS-Aetna combination could create a health colossus that would reach deeper into the average customer's life to manage care and cut costs, according to analysts who follow the c....
Pos Bulletin| Mon Dec 04 07:10:50 EST 2017
Stock indexes didn't do much at first glance on Monday, but the modest move for the Standard & Poor's 500 masked some dramatic changes roiling underneath the surface. Telecom s....
ABC News| Mon Dec 04 16:39:08 EST 2017
Defense contractors would be large winners from the tax reform packages, with Raytheon and Northrop Grumman among the "top beneficiaries," according to a report issued Monday. "The....
CNBC| Mon Dec 04 10:00:12 EST 2017
On Thursday, The Wall Street Journal reported that Aetna is being considered for acquisition by CVS Health Corp. with a price tag of $200 a share, or about $66 billion. Media: Hart....
SFGate| Sun Dec 03 13:03:09 EST 2017
Republican senators brushed off concerns about the tax bill's impact on the national debt and discussed the corporate tax rate on Dec. 3, as the legislation heads to conference. (J....
The Washington Post| Sun Dec 03 13:00:07 EST 2017
CVS will buy insurance giant Aetna in a roughly $69 billion deal that will help the drugstore chain reach deeper into customer health care and protect a key client, a person with k....
CBS News| Mon Dec 04 07:00:31 EST 2017
CVS Health (CVS) has plans that reach far beyond filling your prescription.  The second-largest U.S. drugstore chain is buying Aetna (AET), the third-largest health insurer, i....
CBS News| Mon Dec 04 04:01:20 EST 2017
CVS Health (CVS) has plans that reach far beyond filling your prescription.  The second-largest U.S. drugstore chain is buying Aetna (AET), the third-largest health insurer, i....
CBS News| Mon Dec 04 07:00:37 EST 2017
LONDON (Reuters) - European stocks rallied strongly on Monday after the U.S. Senate passed a tax package delivering significant fiscal stimulus, which investors had anticipated wou....
Reuters| Mon Dec 04 01:04:29 EST 2017
CVS will buy insurance giant Aetna in a roughly $69 billion deal that will help the drugstore chain reach deeper into customer health care and protect a key client, a person with k....
CBS News| Sun Dec 03 10:59:27 EST 2017
NEW YORK, Dec 4 (Reuters) - CVS Health Corp CEO Larry Merlo said on Monday that its plan to help health insurer Anthem Inc build its own pharmacy benefit management business remain....
Reuters| Mon Dec 04 04:47:14 EST 2017