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BUSINESS Saturday 22 September 2018
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US stock indexes are mixed, set stage for more milestones

By ALEX VEIGA, company said it will raise
Associated Press fees for checked bags. The
Major U.S. stock indexes move came a day after
edged mostly higher in af- Delta Air Lines announced
ternoon trading Friday, on its own plans to raise bag-
track to extend gains from gage fees. Delta shares
a day earlier when the added 3.2 percent to
market climbed to all-time $59.98. Southwest Airlines
highs. Gains in health care rose 2.1 percent to $63.84.
and industrial companies FEELING CHIPPER: Texas In-
outweighed losses in banks struments added 1.2 per-
and technology stocks. En- cent to $109.75 after the
ergy companies rose along chipmaker raised its quar-
with the price of U.S. crude terly dividend and said it
oil. will buy back $12 billion in
KEEPING SCORE: The S&P stock.
500 index rose 2 points, or PRECISION DEAL: Mazor Ro-
0.1 percent, to 2,932 as of botics surged 10.2 percent
1:55 p.m. Eastern Time. The to $58.11 after the surgical
Dow Jones Industrial Aver- guidance system maker
age gained 76 points, or agreed to be bought by
0.3 percent, to 26,733. The Medtronic for $1.54 billion.
Nasdaq composite lost 18 UNAPPETIZING RESULTS: Unit-
points, or 0.2 percent, to In this Sept. 14, 2018, file photo specialist Meric Greenbaum, left, and trader Gregory Rowe work ed Natural Foods slumped
8,009. The Russell 2000 index on the floor of the New York Stock Exchange. 11.3 percent to $30.04 after
of smaller companies gave Associated Press the food distributor report-
up 3 points, or 0.2 percent, would retaliate by impos- week. Shares in the com- the trade war fears,” said ed disappointing earnings
to 1,716. The Dow and S&P ing tariffs of 5 or 10 percent pany slid 3.7 percent to Karyn Cavanaugh, senior and sales.
500 each hit all-time highs on $60 billion of U.S. goods $44.34. markets strategist at Voya ENERGY: Benchmark U.S.
Thursday. including coffee, honey Still, investors were taking Investment Management. crude gained 1 percent to
TRADE TIGHTROPE: The and industrial chemicals. the potential negative im- “The robustness of the $71.02 a barrel in New York.
trade dispute between Some U.S. companies are pact of the trade dispute economy just won’t be put Brent crude, used to price
the U.S. and China is set to already bracing for the fall- in stride this week, taking down.” international oils, was flat at
escalate Monday. That’s’ out from the latest round of comfort from the latest TAKING FLIGHT: Several air- $78.25 a barrel in London.
when an additional 10 per- tariffs. Chipmaker Micron signs that the economy is lines notched gains, part of The rise in crude oil prices
cent tax on $200 billion of Technology said Friday its on solid ground and driving a broad pickup in industrial sent many energy stocks
Chinese imports kicks in. The profits would be hurt by the the market higher. sector stocks. American higher. Marathon Petro-
tariffs will rise to 25 percent tariffs on Chinese imports THE QUOTE: “Finally the Airlines Group climbed 4.1 leum rose 2.2 percent to
on Jan 1. Beijing has said it that go into effect next market has shrugged off all percent to $43.62 after the $83.76.q

Credit freeze free nationwide as of Friday

By SARAH SKIDMORE SELL three days if by mail. credit in your name. It is dif-
Associated Press Consumers who want to ferent than credit monitor-
Consumers can now freeze freeze their credit should ing, which tracks a person’s
their credit for free under a visit the websites of all three credit and alerts them of
new federal law. credit reporting agencies changes in activity.
A credit freeze restricts ac- — Equifax, Experian and “Think of a credit freeze
cess to your credit file, es- TransUnion — to make their as a state-of-the art home
sentially halting anyone request at each. The FTC security system that keeps
from opening any new also will have links to those the bad guys out,” said
credit in your name. The pages on its identity theft Ted Rossman, industry an-
rules used to vary by state, information website: www. alyst at Creditcards.com.
but previously it could cost identitytheft.gov “Versus credit monitoring,
up to $10 to put a freeze in Additionally, the law al- which is more like that text
place. That fee often had lows for a free credit freeze message you got from your
to be paid again when for children under age 16, neighbor after someone
someone wanted to un- This June 10, 2015, file photo shows a chip credit card in something that was not pre- already smashed through
freeze it for any legitimate Philadelphia. Consumers can now freeze their credit for free viously allowed in all states. your living room window
uses. But under a new law under a new federal law, which takes effect Friday, Sept. 21, This helps prevent criminals and walked off with your
that takes effect Friday, 2018. from creating fraudulent big-screen TV.”
consumers anywhere in the Associated Press accounts under a child’s While it does provide a
U.S. can do so quickly and dent Donald Trump signed within a day. If the request identity, a problem that of- layer of security, a credit
for free. it into law in May. is made by mail, within ten goes undetected until freeze will not protect you
Congress passed the law in The law requires that credit three days of receiving the they are adults and seek from some other forms of
response to last year’s mas- freezes be free for consum- request. credit of their own. identity theft, such as fil-
sive Equifax hack, which ers across the country. If Lifting the freeze is also free A credit freeze is consid- ing a fraudulent tax return
exposed the private infor- the request is made over and must be done within ered one of the most ef- in your name or making
mation of more than 145 the phone or online, the the hour if the request was fective ways to protect charges against an existing
million Americans. Presi- freeze must be completed made by phone or online; criminals from opening account.q