LIVE VIDEO: News10 Mornings at 5 a.m.    Watch
 

Stocks mostly lower on weak earnings; UPS slips

1:42 PM, Jan 17, 2014   |    comments
  • Share
  • Print
  • - A A A +

NEW YORK (AP) - Weak earnings from big U.S. companies are nudging the stock market lower.  

United Parcel Service, General Electric and others issued disappointing results or forecasts.

The Standard & Poor's 500 index fell seven points, or 0.4 percent, to close at 1,838 Friday.

The Nasdaq fell 21 points, or 0.5 percent, to 4,197.

The Dow Jones industrial average rose, but mostly because of large gains in American Express and Visa.

The Dow rose 41 points, or 0.3 percent, to 16,458. Without the gains from Amex and Visa, the average would have been much lower.

The Associated Press

Most Watched Videos