US stocks drop; Wal-Mart slumps on weak guidance
Business / U.S. News

US stocks drop; Wal-Mart slumps on weak guidance

NEW YORK (AP) — U.S. stocks declined in afternoon trading Wednesday as investors assessed the latest earnings reports. Wal-Mart fell sharply after the company said that sales would be “relatively flat” this year because of currency fluctuations. JPMorgan Chase led financial stocks lower as its earnings fell short of analysts’ expectations. Industrial stocks fell as … Continue reading

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Stocks open slightly higher following strong US jobs report

NEW YORK (AP) — U.S. stocks are inching higher in early trading after a stronger-than-expected January jobs report. Bond prices fell and yields rose early Friday as investors anticipated that the burst in hiring would result in higher interest rates and stronger economic growth. Twitter and LinkedIn both rose sharply after delivering surprisingly strong results. … Continue reading