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ONEOK Partners (OKS) Rose To Another New High

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ONEOK Partners (OKS) posted modest gains at the open Tuesday, before settling into a range. The stock advanced further during the final 90 minutes of the afternoon and closed up by 0.95 at $54.34.

ONEOK Partners has been climbing for the past 2 1/2 weeks and closed Tuesday at its second consecutive new high for the year.

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by RTT Staff Writer

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Businessman David Perdue narrowly defeated eleven-term Congressman Jack Kingston, R-Ga., in a runoff for the Republican Senate nomination in Georgia on Tuesday. With all precincts reporting, unofficial results show Perdue with a slim 50.9 percent to 49.1 percent lead over Kingston. Stocks are turning in a lackluster performance in early trading on Wednesday after moving mostly higher over the course of the previous session. The major averages are showing only modest moves, although the S&P 500 did manage to reach a new record intraday high. Bank of England Governor Mark Carney said on Wednesday that interest rate will have to start rising to maintain price stability as the economy normalizes. "As the economy normalizes, Bank Rate will need to start to rise in order to achieve the inflation target," Carney said in a speech in Glasgow, Scotland.
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