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Business

Stocks end day with slight gains

A Wall Street street sign near the New

A Wall Street street sign near the New York Stock Exchange in Manhattan on Aug. 9, 2011. Photo Credit: AP / Mark Lennihan

The U.S. financial markets closed slightly higher as investors turn their focus to corporate news and as tensions ease in Ukraine.

At the close on Wall Street, the Standard & Poor's 500 index closed up 5.3 points at 1,937. The Dow Jones industrial average climbed 16.1 points to 16,570. The Nasdaq composite added 30.4 points to close at 4,401.3.

Travel booking website, the Priceline Group, rose 2 percent after it reported better earnings than analysts were expecting. Chiquita Brands soared 30 percent on a buyout offer.

Energy company Kinder Morgan rose 9 percent after announcing it would consolidate a group of oil and gas pipeline and storage companies it controls.

Bond prices barely budged. The yield on the 10-year Treasury note held steady at 2.42 percent.

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