Updated from 10:00 a.m. EDT
Oil continues to dominate headlines as well as investors' psyches, but there are plenty of other stories putting particular stocks on the front-burner.
The United Autoworkers Union's 11-week strike looks to be coming to an end due to an increased wage offer from American Axle (AXL Quote) and a three-year "buy down." The strike, which began in February, has crippled production at about 30 General Motors (GM Quote) assembly plants in the U.S., Canada and Mexico, resulting in thousands of layoffs at other parts supply companies.
Meanwhile, the nation's largest airline carrier, American, has not achieved such resolve. Negotiators for union mechanics and bag handlers at American Airlines have rejected a contract proposal from American that called for lump-sum payments instead of wage increases. This rejection continues to hurt the struggling company. American's parent, Fort Worth-based AMR (AMR Quote), lost $328 million in the first quarter, due largely to record prices for jet fuel. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
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