Markets Right Now: Stocks end mostly lower on Wall Street

NEW YORK — The latest on developments in financial markets (all times local):

4 p.m.

Stocks struggled to a mostly lower finish on Wall Street as losses for banks and energy stocks offset gains elsewhere in the market.

Bank of New York Mellon lost 1.6 percent Thursday, and Chevron gave up 1.1 percent.

Yelp jumped 26.7 percent after raising its revenue forecast, but Rite Aid slumped 11.5 percent after calling off its sale to the grocery chain Albertsons.

Flowserve, Viacom and Norwegian Cruise Line all rose sharply after reporting solid results.

The S&P 500 index fell 4 points, or 0.1 percent, to 2,853.

The Dow Jones Industrial Average fell 74 points, or 0.3 percent, to 25,509. The Nasdaq composite rose 3 points to 7,891.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.92 percent.

___

11:45 a.m.

Major U.S. indexes are little changed in midday trading as technology stocks rise while energy companies and banks slip.

Bond prices rose Thursday, sending yields lower, after the Labor Department reported that wholesale prices were little changed in July, a sign inflation pressures weakened slightly.

Yelp jumped 27.5 percent after raising its revenue forecast, but Rite Aid slumped 10.6 percent after calling off its sale to the grocery chain Albertsons.

Flowserve, Viacom and Norwegian Cruise Line all rose sharply after reporting solid results.

The S&P 500 index was little changed at 2,856.

The Dow Jones Industrial Average fell 51 points, or 0.2 percent, to 25,533. The Nasdaq composite rose 15 points, or 0.2 percent, to 7,904.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.94 percent.

___

9:35 a.m.

Stocks are off to a mixed start on Wall Street as gains for technology companies are offset by losses elsewhere in the market.

Yelp jumped 20 percent early Thursday after raising its revenue forecast, but Rite Aid slumped 10 percent after calling off its sale to the grocery chain Albertsons.

Flowserve, Viacom and Norwegian Cruise Line all rose sharply after reporting solid results.

The S&P 500 index was little changed at 2,857.

The Dow Jones Industrial Average fell 5 points to 25,578. The Nasdaq composite rose 10 points, or 0.1 percent, to 7,899.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.93 percent.

You may also like these

Australian Senate to vote in June on corporate...

May 28, 2018

The Australian government has announced the Senate will vote in June on cutting corporate tax rates...

EU trade commissioner says trade liberalization...

Jun 18, 2018

European Trade Commissioner Cecilia Malmstrom says trade liberalization continues to have global...

Asian stocks mostly higher after Wall Street...

Aug 17, 2016

Asian stock markets were mostly higher Wednesday after Wall Street declined

China tightens control of online news after...

Aug 19, 2016

The Chinese government is holding chief editors of news websites personally liable for content...

Global stocks, oil turn lower ahead of Fed meeting

Aug 22, 2016

Major stock markets and the price of oil turned lower on Monday as investors looked ahead to the...

Search
Financial Markets

About Us

Established in 2015, The Upstocker provides insights on financial reports, commentary, and investment data to traders so that you can make better investment decisions.

Contact us: sales[at]theupstocker.com

Subscribe Now!