U.S. stocks are hanging around their records as Wall Street heads toward the finish of another winning week. The S&P 500 edged down by 0.1% Friday from the all-time high it set the day before. The Dow Jones Industrial Average added 86 points and was flirting with its own record set in December. The Nasdaq composite slipped 0.2%. UnitedHealth Group's stock jumped after Warren Buffett’s Berkshire Hathaway said it bought nearly 5 million shares of the insurer in the spring, while Applied Materials slumped on worries about its business in China. Treasury yields held relatively steady following mixed reports on the U.S. economy.
Indian Prime Minister Narendra Modi has warned Pakistan that India will punish its archrival neighbor if there are future attacks on India. Modi made the remarks Friday while marking 78 years of India's independence from British colonial rule. Modi says India has now established a new normal that does not differentiate between terrorists and those who support terrorism. Modi says he will tolerate what he calls Islamabad’s “nuclear blackmail.” India and Pakistan exchanged tit-for-tat military strikes in May that brought the nuclear-armed rivals to the brink of war. The strikes followed an April gun massacre in Kashmir that India blamed on Pakistan. Pakistan denied responsibility.
President Donald Trump is flying to Alaska and a high-stakes summit with Russian President Vladimir Putin at a U.S. military base. Friday’s meeting could influence the war in Ukraine and European security. The Republican U.S. president aims to showcase his skills as a dealmaker. Trump says his talks with Putin will include Russian demands Ukraine cede territory as part of a peace deal. For Putin, the meeting is a chance to negotiate terms that favor Russia. The summit excludes Ukrainian President Volodymyr Zelenskyy, which could undermine Ukraine's interests. Trump has expressed hopes for a broader peace deal, but success is uncertain. The meeting's outcome could have significant implications for international relations and U.S. diplomacy.
Join host, Pete Paquette, for conversations with people who make a difference >>Join host, Pete Paquette, for conversations with people who make a difference in our community, from health, to city leaders. <<
Solely dedicated to the support of Central Florida's small businesses and >>Solely dedicated to the support of Central Florida's small businesses and entrepreneurs. Donated as a community service by Salem Media Group. <<
Join America's Father & Son Retirement Wealth Team, Jerry and Nick Royer, as >>Join America's Father & Son Retirement Wealth Team, Jerry and Nick Royer, as they co-host the On The Money with Jerry & Nick Royer Show which is your one stop for financial tips and ideas you can use to help get you to and through retirement. Now . . . . <<
Salem Media, our partners, and affiliates use cookies and similar technologies to enhance your browsing experience, analyze site traffic, personalize site content, and deliver relevant video recommendations. By using this website and continuing to navigate, you consent to our use of such technologies and the sharing of video viewing activity with third-party partners in accordance with the Video Privacy Protection Act and other privacy laws.Privacy Policy