Stocks Rebound after Initial Fall; Security Breach at SuperValu

US stocks dropped as the news about a clash between Ukranian and Russian forces started coming in on Friday. With markets actively seeking out safer investments, the 10-year Treasury notes yield was down more than 5 basis points. However, major indexes ended up posting weekly gains partially boosted by a rise in industrial production. Albertson's and SuperValu (SVU) joined a growing list of companies plagued by holes in their digital security. SuperValu is investigating a data breach that affected the computer network responsible for processing card payments.

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Published on Aug 15, 2014
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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