Stay updated with breaking news from Magellan Midstream. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Wall Street is edging higher ahead of reports that will show how much a slowing economy is hurting what’s prevented a recession so far: solid spending by US households.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Oneok Inc., down $ to $5.77 to $57.95. The natural gas company is buying Magellan Midstream Partners.
Oneok Inc says it will buy Magellan Midstream for $18.8 billion. Magellan Midstream stock is now up roughly 25% for the year.
On Tuesday, the government will show how much sales at retailers across the country grew last month.