How major US stock indexes fared Tuesday
U.S. stocks finished mostly lower Tuesday as rising interest rates hurt shares of companies that pay big dividends and higher oil prices affected transportation and shipping companies. The S&P 500 fell for the third day in a row.
The S&P 500 index slid 3.81 points, or 0.1 percent, to 2,915.56.
The Dow Jones Industrial Average dropped 69.84 points, or 0.3 percent, to 26,492.21.
The Nasdaq composite picked up 14.22 points, or 0.2 percent, to 8,007.47.
Kodiak union claims employer’s engaging in unfair practices
KODIAK, Alaska (AP) — Members of a Kodiak union claim that container transportation and shipping company American President Lines is engaging in unfair labor practices.
The Kodiak Daily Mirror reports members of Kodiak's International Longshore and Warehouse Union unit formed a picket line Thursday and held up signs that read the "APL unfair, stop withholding information."