16 Jan 2014
Wall Street loses its mojo as earnings disappoint
FXstreet.com (San Francisco) - The US stocks markets closed mixed on Thursday as investors digested disappointing Best Buy, Golmand, CSX and Citigroup earnings reports.
In addition, after-the-bell reports showed that American Express and Intel Corporation missed earnings expectations too.
The Dow Jones declined 64.93 points or 0.39% to finish the day at 16,417.01; the S&P 500 eased 2.49 pts or 0.13% to 1,845.89; while the Nasdaq Composite advanced 3.81 pts or 0.09% to 4,218.69, its highest close in 13 years.
In addition, after-the-bell reports showed that American Express and Intel Corporation missed earnings expectations too.
The Dow Jones declined 64.93 points or 0.39% to finish the day at 16,417.01; the S&P 500 eased 2.49 pts or 0.13% to 1,845.89; while the Nasdaq Composite advanced 3.81 pts or 0.09% to 4,218.69, its highest close in 13 years.