The Journal Gazette
 
 
Friday, November 08, 2019 1:00 pm

Stocks drift as trade uncertainty lingers

 

Associated Press

NEW YORK -- Stocks are drifting between small gains and losses on Wall Street as traders wait for more clarity on where things stand with trade talks between the U.S. and China.

Major indexes are holding close Friday to the record highs they set a day earlier.

Gains for health care companies are being offset by losses in energy and other sectors.

Gap is down 6.8% after cutting its earnings forecast and naming a new CEO.

Disney is up 3.8% after reporting results that beat analysts' forecasts.

The S&P 500 was up less than 1 point at 3,086.

The Dow Jones Industrial Average lost 43 points, or 0.2%, to 27,631. The Nasdaq rose 19 points, or 0.2%, to 8,454.

Bond prices rose. The yield on the 10-year Treasury fell to 1.91%.

 


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