U.S. Stocks Mixed as Dow Falls but S&P 500 NASDAQ Gains

Wall Street nearly flat on lackluster earnings

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Today – Monday October 21st 2013

  • U.S. stocks were little changed, after the Standard & Poor’s 500 Index rallied to a record, as investors watched corporate earnings to assess the strength of the economy before tomorrow’s employment data.
  • The Labor Department will tomorrow release the September jobs report, which was delayed from its original Oct. 4 date because of the 16-day partial federal shutdown that ended Oct. 17. The data will probably show employers added 180,000 workers in September.
  • Four out of 10 S&P 500 main industries gained as telephone and technology stocks rose at least 0.5 percent for the best performance. Health-care, energy and consumer-staples shares fell more than 0.3 percent.
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Categories: Capital Markets

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