Stocks Slip

NEW YORK (April 18, 2013)--Disappointing earnings from a range of companies gave major indexes their third loss this week on Thursday.

The stock prices of Morgan Stanley, UnitedHealth Group and others sank after the companies turned in weaker quarterly results.

Prices of commodities held steady after a wild couple of days.

The Dow Jones industrial average fell 81 points to close at 14,537, a loss of 0.6 percent.

The Standard & Poor's 500 index fell 10 points to end at 1,541, a decline of 0.7 percent.

The Nasdaq composite was down 38 points to end at 3,166, or 1.2 percent.

Another loss in Apple, the Nasdaq's biggest component, pushed the index lower.

More stocks fell than rose on the New York Stock Exchange where volume was higher than average at 3.9 billion shares.


KWTX-TV News 10 6700 American Plaza Waco, Texas 76712 (254) 776-1330 Fax (254) 751-1088
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 203665451 - kwtx.com/a?a=203665451
Gray Television, Inc.