Home / Modesto / US stocks mixed as retailers slump and tech companies rise

US stocks mixed as retailers slump and tech companies rise

U.S. stocks are little changed Thursday afternoon as retailers and media companies decline but technology and industrial companies rise. Women’s clothing retailer J. Jill is tumbling after it slashed its forecast for the third quarter. AT&T is falling after it said it expects to lose DirecTV subscribers, while cable company Charter and entertainment conglomerate Viacom are down on reports that Viacom channels may go off the air in the New York area because of a contract dispute.

KEEPING SCORE: The Standard & Poor’s 500 index fell 1 point, or 0.1 percent, to 2,553 as of 1 p.m. Eastern time. The Dow Jones industrial average lost 4 points to 22,868. The Nasdaq composite stayed at 6,604. All three of those…


Article Source

About admin

Check Also

Nevada hoops exhibitions to raise money for CA fire victims

Nevada’s men’s basketball team will play an exhibition game against Grand Canyon University in Reno …

Leave a Reply

Your email address will not be published. Required fields are marked *