Yahoo Finance Markets Right Now: Stocks end a wobbly day mostly lower
Stocks ended a wobbly day of trading mostly lower on Wall Street as a three-day winning streak stalled.
FILE- In this March 11, 2019, file photo trader John Panin, right, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, March 14. (AP Photo/Richard Drew, File)
NEW YORK (AP) -- The latest on developments in financial markets (all times local):
4 p.m.
Stocks ended a wobbly day of trading mostly lower on Wall Street as a three-day winning streak stalled.
Facebook led losses among communications companies Thursday with a 1.8 percent drop after the New York Times reported that its data-sharing practices are now under criminal investigation.
Health care stocks fell. Pfizer gave up 2 percent.
Dollar General slumped 7.5 percent after reporting weak results.
Tailored Brands, which owns Men's Wearhouse, plunged 25 percent after giving investors a surprisingly weak first-quarter forecast.
The S&P 500 slipped 2 points, or 0.1 percent, to 2,808.
The Dow Jones Industrial Average edged up 7 points, less than 0.1 percent, to 25,709. The Nasdaq fell 12 points, or 0.2 percent, to 7,630.
Bond prices fell. The yield on the 10-year Treasury rose to 2.62 percent.
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11:45 a.m.
Stocks shook off a wobbly start and were moving slightly higher in midday trading on Wall Street.
Banks, technology and industrial companies were leading the gains Thursday.
Apple rose 1 percent, JPMorgan Chase climbed 1.3 percent and General Electric added 3.2 percent.
Dollar General slumped 9.3 percent after reporting weak quarterly results.
The S&P 500 index rose 3 points, or 0.1 percent, to 2,814.
The Dow Jones Industrial Average rose 35 points, or 0.1 percent, to 25,737. The Nasdaq rose 3 points, or 0.1 percent, to 7,647.
Bond prices fell. The yield on the 10-year Treasury rose to 2.62 percent.
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9:35 a.m.
Stock indexes are little changed in early trading on Wall Street as the market cools down after rising for three days in a row.
Gains for technology and industrial companies early Thursday were offset by losses elsewhere.
Apple rose 1 percent and General Electric added 4.5 percent. Dollar General lost 7.7 percent.
The S&P 500 index edged down 1 point to 2,809.
The Dow Jones Industrial Average edged up 27 points, or 0.1 percent, to 25,728. The Nasdaq slipped 6 points, or 0.1 percent, to 7,637.
Bond prices fell. The yield on the 10-year Treasury rose to 2.62 percent.
