Share “US stocks decline on mixed earnings;...”

US stocks decline on mixed earnings; Target drops

Published on NewsOK Modified: August 5, 2014 at 10:49 am •  Published: August 5, 2014

NEW YORK (AP) — U.S. stock prices are moving lower as traders digest some mixed corporate earnings and a weak indicator on the Chinese economy.

The Standard & Poor's 500 index fell six points, or 0.3 percent, to 1,932 in midday trading Tuesday.

The Dow Jones industrial average fell 54 points, or 0.3 percent, to 16,515. The Nasdaq composite lost six points, or 0.1 percent, to 4,378.

Target fell 3 percent after the company lowered its second-quarter earnings forecast, citing promotional discounts it had to use to attract shoppers.

In China, a purchasing managers' index by HSBC showed the services industry grew in July at the slowest rate last month since November 2005.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.51 percent.


  1. 1
    A Tulsa Immigrant's Experience, Recast As Noir, In 'Dragonfish'
  2. 2
    Summer well spent: Youths shadow professionals in mentoring program
  3. 3
    Norman residents disturbed after seeing vulgar, racist graffiti on homes, vehicles
  4. 4
    Vinita police chief: Extreme sunburn case still under investigation, drawing international media...
  5. 5
    Hundreds pack memorial service for man killed at north Tulsa park
+ show more


× Trending business Article