: :inin Kyiv (EET)

Stocks stabilize; Molson Coors jumps on earnings


U.S. stocks stabilized on Wednesday after energy stocks and earnings from a major beer brewer helped the market stem its recent declines.The stock market ended the day little changed after a sizable drop a day earlier, when Russia massed troops near its border with Ukraine.Molson Coors was the biggest gainer in the Standard & Poor’s 500 index after the company reported better-than-forecast earnings. Rupert Murdoch’s 21st Century Fox rose after the company said it was dropping a bid to acquire Time Warner.The stock market has become more volatile in recent weeks and last month slumped to its first monthly decline …read more

Source: The Jakarta Post

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