NEW YORK — The U.S. stock market is edging lower in midday trading after rising for four straight days.
The Standard & Poor’s 500 index was down two points, or 0.1 percent, to 1,949 just before noon today. The index closed at a record high the day before.
The Dow Jones industrial average fell seven points, less than 0.1 percent, to 16,936. The Nasdaq slipped three points, also less than 0.1 percent, to 4,333.
RadioShack’s stock fell 12 cents, or 7.8 percent, to $1.42 after the retailer posted a deeper loss than analysts had expected. Sales also slumped.
MetLife Inc.‘s stock rose 19 cents, or 0.3 percent, to $54.84 after the insurer said Tuesday that it plans to buy its own shares for the first time in about six years.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.