facebooktwitterRSS
- Advertisement -
- Advertisement -
 

« News Home

Markets Right Now: Stocks fall in early trading


Published: Wed, August 23, 2017 @ 10:04 a.m.

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

9:35 a.m.

Technology companies and retailers are leading U.S. stocks lower in early trading on Wall Street.

Lowe’s sank 5 percent early Wednesday after reporting second-quarter earnings that were weaker than analysts expected. Seagate Technology fell 4.4 percent.

La-Z-Boy dropped 18 percent after its earnings missed estimates. The company said its most profitable business, upholstery manufacturing, struggled and costs were high because of acquisitions.

The Standard & Poor’s 500 index fell 8 points, or 0.3 percent, to 2,444.

The Dow Jones industrial average lost 68 points, or 0.3 percent, to 21,829. The Nasdaq composite fell 21 points, or 0.3 percent, to 6,275.


Don't Miss a Story

Sign up for our newsletter to receive daily news directly in your inbox.

News
Opinion
Entertainment
Sports
Services
Classifieds
Records
Discussions
Community
Help
Forms
Neighbors

HomeTerms of UsePrivacy StatementAdvertiseStaff DirectoryHelp
© 2017 Vindy.com. All rights reserved. A service of The Vindicator.
107 Vindicator Square. Youngstown, OH 44503

Phone Main: 330.747.1471 • Interactive Advertising: 330.740.2955 • Classified Advertising: 330.746.6565
Sponsored Links: Vindy Wheels | Vindy Jobs | Vindy Homes