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Stocks post 2nd weekly gain...UK lawmakers delay final Brexit decision again...No deal on opioid settlement

NEW YORK (AP) _ Stocks on Wall Street have recorded their second weekly gain after three straight losing weeks. The Dow closed the week at 26,770. The S&P closed at 2,985 and, the Nasdaq closed at 8,089. The near-month contract for the benchmark grade for crude oil futures on the New York Mercantile Exchange ended the week at $53.78 a barrel. Gold ended the week at $1,488.20. Silver closed at $17.50.

LONDON (AP) _ British lawmakers have voted to postpone a decision on whether to back a Brexit deal with the European Union, throwing a wrench into government plans to leave the bloc at the end of this month. At a special session of Parliament Saturday intended to ratify the deal, lawmakers voted 322-306 to withhold their approval until legislation to implement the agreement has been passed.

UNDATED (AP) _ Negotiations aimed at a major settlement of opioid lawsuits ended Friday without a deal. North Carolina Attorney General Josh Stein says local governments did not accept a deal that would have been with $48 billion in cash, treatment drugs and services. Talks can continue, but the first federal trial on the crisis is schedule to open Monday.

NEW YORK (AP) _ News Corp. says it has reached a licensing deal with Facebook that lets the social network feature headlines from The Wall Street Journal, the New York Post and other publications on its upcoming news section. Facebook has reportedly been in talks with news publishers to offer "millions of dollars" for the rights to publish their material on its site. The move follows years of criticism over its growing dominance of online advertising to the detriment of the struggling news industry. The companies did not disclose the financial details of the deal.

MEMPHIS, Tenn. (AP) _ Agriculture Secretary Sonny Perdue has announced the first of many federal investments targeting broadband internet infrastructure in underserved rural areas across the country. Perdue visited the West Tennessee city of Halls Friday to announce a $2.85 million grant to improve broadband Internet connectivity for 347 households in rural Lauderdale County.

Program Guide

  • Market Wrap with Moe Ansari
    Each day, Moe Ansari summarizes the markets' activity —what happened and why—   >>
  • Plan Your Estate Radio with Bob Bergman
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  • Market Wrap with Moe Ansari
    Each day, Moe Ansari summarizes the markets' activity —what happened and why—   >>

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