Closing Glance: Insurers mostly rise

Shares of insurers mostly rose Wednesday, holding onto gains after the Federal Reserve Board kept a key interest rate at 2 percent, but said rising energy prices are likely to quicken inflation and limit growth.

The Fed did say there are some positive signs in the economy, including some improvement in household spending.

Here's a look at how some insurers fared Wednesday:

Assured Guaranty Ltd. rose 47 cents, or 2.2 percent to $21.43.

MGIC Investment Corp. rose 8 cents to $8.25.

Allstate Corp. rose 9 cents to $47.55.

American International Group Inc. fell 9 cents to $29.74.

Comment (0)
Recommended (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 672487, ~/articles/articlehandler.aspx, 9/5/2008 6:02:51 AM,

Sign up for FREE Motley Fool site access!

Already registered? Login Here

It’s FREE! Enter your email address, and we’ll rush you to the article you're looking for right now.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

.

Related Tickers

Ryder System, Inc.

R Down! $63.48 -1.52 (-2.34%) 4:03 PM
CAPS Rating:
93 Outperforms
27 Underperforms
Rate This Stock

Major Indices

S&P 5001,236.83 -2.99%
DJIA11,188.23 -2.99%
RSL 2K718.62 -3.14%
NASD2,259.04 -3.20%
Updated: 4:04:39 PM
Sponsored by:

The Motley Poll

Where will the U.S. dollar go from here?

Sponsored by: