Written by
Stocks closed slightly lower on Wall Street after a midday rally ran out of gas.
Health care stocks and retailers fell more than the rest of the market Friday.
Foot Locker plunged 28 percent after reporting a weak quarter. Nike fell 4 percent and UnitedHealth Group fell 1 percent.
Deere fell 6 percent after its third-quarter sales came up short of Wall Street estimates.
Stocks are coming off their biggest one-day loss in three months.
The Standard & Poor’s 500 index fell 4 points, or 0.2 percent, to 2,425.
The Dow Jones industrial average gave up 76 points, or 0.4 percent, to 21,674. The Nasdaq composite lost 5 points, or 0.1 percent, to 6,216.
Related Posts
-
Southwest Airlines flight attendants ratify a contract that will raise pay about 33% over 4 years Posted: April 24, 2024 at 2:19 pmFlight attendants at Southwest Airlines have ratified a contract that
Read more » -
Missouri House backs legal shield for weedkiller maker facing thousands of cancer-related lawsuits Posted: at 2:19 pm
The manufacturer of a popular weedkiller won support Wednesday from
Read more » -
Supreme Court appears skeptical that state abortion bans conflict with federal health care law Posted: at 2:18 pm
Conservative Supreme Court justices appeared skeptical Wednesday that state abortion
Read more » -
UnitedHealth says wide swath of patient files may have been taken in Change cyberattack Posted: April 23, 2024 at 3:28 pmUnitedHealth says files with personal information that could cover a
Read more »
Central Valley Biz Blogs
-
BLOG: Happy birthday to Marketplace at El Paseo
Posted: April 12, 2024 at 1:23 pm
Ten years ago this week, Fresno’s fastest-growing shopping center got
Read more » -
BLOG: Fresno EDC’s April 18 real estate forecast a can’t-miss event
Posted: April 10, 2024 at 11:27 am
The Fresno County Economic Development Corporation (EDC) invites you to
Read more »
