Sunday, April 20th15.6°C
21625
20944

US stocks end mostly lower after UPS, GE and others issue disappointing results

NEW YORK, N.Y. - Weak earnings from big U.S. companies are nudging the stock market lower.

United Parcel Service, General Electric and others issued disappointing results or forecasts.

The Standard & Poor's 500 index fell seven points, or 0.4 per cent, to close at 1,838 Friday.

The Nasdaq fell 21 points, or 0.5 per cent, to 4,197.

The Dow Jones industrial average rose, but mostly because of large gains in American Express and Visa.

The Dow rose 41 points, or 0.3 per cent, to 16,458. Without the gains from Amex and Visa, the average would have been much lower.

Amex reported late Thursday that its income more than doubled in the fourth quarter.

Student loan company SLM fell 10 per cent after its earnings missed expectations. The stock fell the most in the S&P 500 index.

The Canadian Press


Read more Business News

21297


Recent Trending




Today's Market
S&P TSX14500.39+53.87
S&P CDNX998.770.80
DJIA16408.54-16.31
Nasdaq4095.516+9.291
S&P 5001864.85+2.54
CDN Dollar0.9072+0.0001
Gold1293.40-9.2999
Oil104.30+0.83
Lumber329.70-2.70
Natural Gas4.741+0.205

 
Okanagan Companies
Pacific Safety0.115+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.29+0.07
Cantex0.055+0.01
Anavex Life Sciences0.3750.00
Metalex Ventures0.08+0.005
Russel Metals30.66+0.11
Copper Mountain Mining2.35-0.07
Colorado Resources0.255-0.01
ReliaBrand Inc0.12-0.01
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.25+0.02

 



21297

FEATURED Property
19055954202 34th st
4 bedrooms 2 baths
$299,500
more details
image2image2image2
Click here to feature your property
Please wait... loading


Learning to flirt with the edge

With all of the adventure activities I have done and still do, I wonder sometimes if the edge still exists. The systematic approach to learning a new adventure or extreme activity combined with the r...


Time spent prospecting

How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...


Valuation fears grip markets

The Big Picture Valuation fears grip markets Growing concerns about the level of stock market valuations sparked a risk-off trade in global markets this week. Investors are worried that many companies...

_



21368

20956


Member of BC Press Council


21202