NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks drifted to a mixed finish on Wall Street as losses for banks and consumer products makers outweighed gains elsewhere in the market. A small loss for the S&P 500 Thursday broke a four-day winning streak for the benchmark index. The market started lower after the government reported a surprise drop in retail sales in December, then clawed back much of those losses and drifted the rest of the day. Coca-Cola dropped 8.4 percent after saying the strong dollar could slow its sales. Cisco rose 1.9 percent after announcing a big stock buyback. The S&P 500 fell 7 points, or 0.3 percent, to 2,745. The Dow Jones Industrial Average lost 103 points, or 0.4 percent, to 25,439. The Nasdaq edged up 6 points, or 0.1 percent, to 7,426. ___ 11:45 a.m. Stocks are mostly lower on Wall Street after the government reported a surprise drop in retail sales last month. Banks and consumer products makers took some of the biggest losses Thursday. Wells Fargo lost 1.4 percent, and Coca-Cola dropped 7.3 percent after saying the strong dollar could slow its sales in the coming… Read full this story
- For Wall Streeters Who Bet Long on Trump, It’s Bonus Time
- Prince George and Princess Charlotte's school becomes the latest to send pupils home for coronavirus isolation - as NINE shut - despite advice it's 'unnecessary' - offices close and sports fixtures are cancelled across UK
- The Big Fracking Bubble: The Scam Behind Aubrey McClendon’s Gas Boom
- MORE flood barriers fail along the River Severn: Bewdley becomes latest town consumed by water as barricades collapse -with others under imminent threat
- If I Wrote a Coronavirus Episode
Markets Right Now: Mixed finish on Wall Street for stocks have 275 words, post on apnews.com at February 14, 2019. This is cached page on The World Articles. If you want remove this page, please contact us.