Commodities

Grain lower,livestock mixed

Wheat for Dec. was up 8 cents at 4.26 a bushel; Dec. corn rose 2.25 cents at 3.5050 bushel; Dec. oats was off 7 cents at $2.6450 bushel; while Nov. soybeans gained 8 cents at $9.89 a bushel.

Grain lower,livestock mixed

Wheat for Dec. was up 8 cents at 4.26 a bushel; Dec. corn rose 2.25 cents at 3.5050 bushel; Dec. oats was off 7 cents at $2.6450 bushel; while Nov. soybeans gained 8 cents at $9.89 a bushel.

Business Highlights

___ Trump nominates Jerome Powell to be next Fed chairman WASHINGTON (AP) — President Donald Trump tapped Jerome Powell on Thursday to replace Janet Yellen as Fed chair when her term ends in February, choosing a moderate member of the Fed's board who has backed Yellen's cautious approach to interest rate hikes.

Dow rises while tax plan weighs on S&P, Nasdaq

The Dow industrials climbed on Thursday while losses in Facebook kept the S&P 500 and the Nasdaq in check as investors assessed the long-awaited tax cut plan unveiled by U.S. President Donald Trump’s fellow Republicans.

Dow rises while tax plan weighs on S&P, Nasdaq

The Dow industrials climbed on Thursday while losses in Facebook kept the S&P 500 and the Nasdaq in check as investors assessed the long-awaited tax cut plan unveiled by U.S. President Donald Trump’s fellow Republicans.