Written by
Stocks are closing slightly lower following some rare earnings disappointments.
Small-company stocks fell more than the rest of the market Wednesday. Consumer-focused companies and banks were among the biggest decliners.
Investors kept a wary eye on escalating tensions between the U.S. and North Korea. Gold prices rose.
Disney dropped 3.9 percent after reporting a weak quarter and saying it would pull its movies from Netflix and start its own video streaming services. Watch maker Fossil Group plunged 25 percent after reporting a weak quarter.
The Standard & Poor’s 500 index fell less than a point to 2,474, making up much of the ground it lost earlier.
The Dow Jones industrial average fell 36 points, or 0.2 percent, to 22,048.
The Nasdaq composite lost 18 points, or 0.3 percent, to 6,352.
Related Posts
-
Stock market today: Calm returns to Wall Street, and tech stocks lead US indexes higher Posted: February 4, 2025 at 1:12 pmCalm returned to Wall Street, and tech stocks led U.S.
Read more » -
Jeff Bezos’ Blue Origin mimics the moon’s gravity for NASA experiments during spaceflight Posted: at 1:12 pm
Jeff Bezos’ rocket company gave NASA a brief taste of
Read more » -
Designs unveiled for replacement of Baltimore bridge almost a year after deadly collapse Posted: at 1:12 pm
Almost a year after the deadly collapse of Baltimore’s Francis
Read more » -
Salvage crews recover engine, large portion of jet from river after deadly air collision near DC Posted: February 3, 2025 at 2:35 pm
Salvage crews have recovered an engine and large pieces of
Read more »
Central Valley Biz Blogs
-
BLOG: What Bench Accounting’s shutdown can teach every business owner
Posted: at 11:37 am
When Bench Accounting abruptly shut down operations on Dec. 27,
Read more » -
BLOG: Blink and you’ll miss the magic of each Valley season
Posted: January 28, 2025 at 1:13 pm
The Central Valley often gets accused of only having two
Read more »
