Stocks end mostly lower, except for tech

24 Jul

published on July 24, 2017 - 1:16 PM
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U.S. stocks are ending mostly lower, led by drops in retailers and industrial stocks.

Hibbett Sports plunged 33.5 percent Monday after the sporting goods store operator reported a drop in a key sales measure.

Technology stocks rose, helping push the Nasdaq composite to another all-time high. Apple gained 1.2 percent.

Health information site WebMD soared 20 percent after agreeing to be acquired by the investment firm KKR.

More than a third of the companies in the S&P 500 are scheduled to report their second-quarter earnings this week.

The Standard & Poor’s 500 index slipped 2 points, or 0.1 percent, to 2,469.

The Dow Jones industrial average fell 66 points, or 0.3 percent, to 21,513.

The Nasdaq composite rose 23 points, or 0.4 percent, to 6,410.

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