Thursday, Oct 27, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Stock Market

Stocks slip on Wall Street as a busy week for markets begins; Saks rises



NEW YORK — Stocks are slipping on Wall Street as a busy week for financial markets gets under way.

The Dow Jones industrial average fell 36 points, or 0.2 percent, to close at 15,521 today.

The Standard & Poor’s 500 index fell six points, or 0.4 percent, to 1,685. The Nasdaq composite fell 14 points, or 0.4 percent, to 3,599.

Saks rose 4 percent to $15.95 after the luxury department store operator said it would be acquired by the parent company of Lord & Taylor for $2.4 billion.

There’s lots of news for investors this week, including a Federal Reserve meeting that winds up Wednesday and the government’s monthly employment report Friday.

Two stocks rose for every one that fell on the New York Stock Exchange. Volume was light at 2.7 billion shares.

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…