AP National News

The Latest: US 7th Fleet: 14,000 personnel fully vaccinated

By The Associated Press
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by Rayos Syndication User

PHILIPPINE SEA — The U.S. 7th Fleet that operates throughout the Indo-Pacific says more than 14,000 of its service members have received their full doses of the coronavirus vaccine, which it began administering on January 5. “We are in a pandemic and our principle weapon for ending this and saving lives is the vaccine,” vaccine coordinator Capt. Joseph F. Penta…

Tech company gains help push S&P 500 to record high

By DAMIAN J. TROISE and ALEX VEIGA
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by Rayos Syndication User

Technology companies helped lift stocks on Wall Street to a record high Friday. Apple and Intel soared about 2%. The S&P 500 rose 0.8% for its third straight weekly gain. The Dow Jones Industrial Average gained 0.9%, setting its own record high. The Nasdaq composite gained 0.5%. Levi Strauss shares jumped after the jeans maker posted strong first-quarter results. Stocks have been edging higher most of the week as investors remain cautiously optimistic about economic growth and progress against the pandemic.

Asian shares mostly lower on strong China price data

By ELAINE KURTENBACH - AP Business Writer
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by Rayos Syndication User

Shares have fallen in most Asian markets after China reported stronger than expected inflation data. Japan’s benchmark Nikkei 225 index rebounded after falling the day before. On Thursday, stocks closed moderately higher on Wall Street, pushed higher by gains in large technology companies that benefit from lower bond yields. The S&P 500 index gained 0.4%. The Dow Jones Industrial Average rose 0.2% and the technology-heavy Nasdaq Composite climbed 1%. Stocks have benefited this week as bond yields, which had been steadily ticking higher, retreated from highs hit earlier in the month. But higher than expected jobless claims dented some of the buying enthusiasm.