Thursday, Aug 25, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Stock Market

Stocks slip, pulling S&P 500 below its 5-year high

NEW YORK — Stocks are lower in midday trading on Wall Street, pulling the Standard & Poor's 500 index down from a five-year high it reached Friday.

Nine of the 10 industry groups in the S&P 500 were lower. Only health care stocks rose.

At midday today, the Dow Jones industrial average was down 61 points at 13,374.

The S&P 500 was down six at 1,460. The Nasdaq composite was off seven points at 3,095.

Lowe's fell 68 cents to $34.90 after Canaccord cuts its rating on the stock to “sell” from “hold,” saying that the home improvement company's efforts to improve its stores and sales aren't working.

Fourth-quarter corporate earnings reports start to roll in late Tuesday when aluminum maker and Dow component Alcoa releases its results.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…