Share “A muddled start for US stocks; eBay opens...”

A muddled start for US stocks; eBay opens lower

Published on NewsOK Modified: April 10, 2014 at 8:52 am •  Published: April 10, 2014
Advertisement

NEW YORK (AP) — U.S. stocks are getting off to a weak start as investors pick over the latest corporate earnings reports.

Bed Bath & Beyond plunged 6 percent after the company reported that weaker sales drove down its earnings in the latest quarter.

EBay fell 2 percent on news that the activist investor Carl Icahn is backing down from his push to shake up the company.

The Standard & Poor's 500 index edged down a point to 1,871 in the first few minutes of trading Thursday.

The Dow Jones industrial average lost eight points to 16,428. The Nasdaq composite fell 16 points, or 0.4 percent, to 4,167.

Rite Aid surged 13 percent after reporting earnings that beat analysts' forecasts.

Bond prices rose. The yield on the 10-year Treasury note dipped to 2.68 percent.


AROUND THE WEB

  1. 1
    Where does OU rank among college football's running back units?
  2. 2
    The best jobs for every personality type
  3. 3
    Lankford: Changing Washington 'takes strong families, strong churches and strong communities'
  4. 4
    Trial delayed for former sheriff's deputy charged with sexual battery
  5. 5
    County Commissioner booked on new charges; discussion on ouster set for Monday
+ show more

FEATURED JOBS



× Trending business Article