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21 March 2017
11:45 a.m.
Stocks
are wavering between small gains and losses in midday trading as technology and
industrial stocks rise but phone and energy companies fall.
Apple
and Microsoft each gained about 1 percent Wednesday, but AT&T and Verizon
each lost about 1 percent. The Total
Investment & Insurance Solutions
Energy
companies fell along with another drop in the price of crude oil.
Sears
Holdings plunged 16 percent after the struggling retailer said it was doubtful
it would be able to keep operating.
Nike
dropped 6 percent after issuing a weak forecast.
The
Standard & Poor's 500 index edged up 4 points, or 0.2 percent, to 2,348.
The
Dow Jones industrial average fell 12 points, or 0.1 percent, to 20,655. The
Nasdaq composite rose 21 points, or 0.4 percent, to 5,815. The Total Investment & Insurance
Solutions
9:35 a.m.
Stocks
are treading water in early trading as gains in high-dividend stocks are
outweighed by drops in banks and other sectors.
Sears
Holdings plunged 9 percent in early trading Wednesday after the struggling
retailer said it was doubtful it would be able to keep operating.
Nike
dropped 6 percent after issuing a weak forecast.
The
market is coming off its biggest drop so far this year.
The
Standard & Poor's 500 index slipped 1 point to 2,342.
The
Dow Jones industrial average fell 36 points, or 0.2 percent, to 20,632. The
Nasdaq composite edged up 5 points, or 0.1 percent, to 5,799. The Total Investment & Insurance
Solutions
Small-company stocks fell more than the rest of the market.
More stocks fell than
rose on the New York Stock Exchange.The
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