US Stocks Flat As Boeing Retreats
Fakhir Rizvi Published July 22, 2016 | 11:00 PM
NEW YORK, (APP - UrduPoint / Pakistan Point News - 22th july, 2016) - Wall Street stocks treaded water early Friday as Boeing shares took a hit after the company announced that it would take a $2.1 billion charge against second quarter earnings. Investors were cautious after the Dow lost ground Thursday, ending a six-day streak of records amid a mix of earnings reports.
"Investors will do a lot of tape watching, aiming to see how leading sectors ...
respond to Thursday's pullback and whether the modest uptick at the open ultimately invites renewed profit-taking efforts," said Briefing.com analyst Patrick O'Hare. About 45 minutes into trade, the Dow Jones Industrial Average was down 0.1 percent at 18,502.47. The broad-based S&P 500 was essentially flat at 2,165.11, while the tech-rich Nasdaq Composite Index rose 0.1 percent to 5,079.25.
Recent Stories
HDA Mehran workers demand salaries
WB director, Planning minister discuss reforms in development projects
Sindh home minister chairs law and order meeting
Bakht Kakar orders to ensure maximum facilities in livestock sector
NEPRA concludes hearing into FCA of DISCOs for March
Junta-led Burkina Faso suspends BBC, Voice of America for two weeks
Chairman COPHC lauds MoMA’s efforts at Gwadar Port, Free Zone
CM’s aide directs steps to prevent domestic violence against women
LESCO detects 74,621 power pilferers in 220 days
Regional Police officer (RPO) Shariq Kamal Siddiqui holds open court
LESCO collects over Rs 4.36m from 189 defaulters in 24 hours
Secretary health urges public to follow precautionary measures to avoid spreadin ..
More Stories From World
-
Junta-led Burkina Faso suspends BBC, Voice of America for two weeks
59 minutes ago -
Romania court opens way for start of influencer Tate's trial
1 hour ago -
Kenya flood death toll since March climbs to 70
1 hour ago -
At least 10 people killed in Brazil fire: officials
1 hour ago -
Russia targets Ukraine railways as Western aid due to arrive
2 hours ago -
Miner Anglo American rejects BHP's near $39-billion takeover bid
2 hours ago
-
At least 10 people killed in Brazil fire: officials
2 hours ago -
Junta-led Burkina Faso suspends BBC, Voice of America for two weeks
2 hours ago -
Saudi to host top Arab, EU diplomats for Gaza talks: officials
2 hours ago -
Kenya flood death toll since March climbs to 70: govt
2 hours ago -
US Fed's favored inflation measure accelerates in March
3 hours ago -
Kenya flood death toll since March climbs to 70: govt
3 hours ago