Saturday, August 23rd10.1°C
22951
21705

US stocks edge lower as mixed earnings and escalating tensions in Ukraine weigh on the market

NEW YORK, N.Y. - U.S. stocks are ending slightly lower as corporate earnings come in mixed, overcoming enthusiasm about a pickup in hiring last month.

Escalating tensions in Ukraine also weighed on the market Friday.

LinkedIn slumped 8 per cent after reporting its largest quarterly loss since going public. Estee Lauder rose 5 per cent after its earnings beat analysts' estimates.

The Standard & Poor's 500 index lost two points, or 0.1 per cent, to 1,881.

The Dow Jones industrial average fell 46 points, or 0.3 per cent, to 16,512. The Nasdaq composite fell three points, 0.1 per cent, to 4,123.

The government reported that U.S. employers added 288,000 jobs in April, the most in two years.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.59 per cent, near its lowest level of the year.

The Canadian Press


Read more Business News

23015


Recent Trending




Today's Market
S&P TSX15535.55-19.71
S&P CDNX1005.583.38
DJIA17001.22-38.27
Nasdaq4538.551+6.446
S&P 5001988.40-3.97
CDN Dollar0.9137-0.0003
Gold1279.90+6.2001
Oil96.30+1.82
Lumber352.80-2.80
Natural Gas3.88-0.009

 
Okanagan Companies
Pacific Safety0.18-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.20-0.01
Cantex0.065-0.005
Anavex Life Sciences0.265+0.005
Metalex Ventures0.08+0.005
Russel Metals36.78-0.81
Copper Mountain Mining2.99+0.11
Colorado Resources0.17-0.015
ReliaBrand Inc0.115+0.02
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.26+0.045

 



22942

FEATURED Property
2017542LOCATION, LOCATION, LOCATION !!!
$115,000
more details
Click here to feature your property
Please wait... loading


How much mortgage should you carry?

There are several things to consider when deciding how much home to buy. 1. Draw up a budget including the new mortgage payments. While the rules used by most lenders require that the mortgage paym...


What is a journey without a destination?

Photo: ContributedI would call it a joy ride... You see a planned project or business has a destination. It may be an ongoing revenue stream, it may be a business value or an exit strategy. If you don...


Joint accounts: what you need to know!

Establishing a joint account may seem like a great strategy at first glance. However, there are many factors that must be considered before taking this action. This article will explore the use of &ls...

_



23002

23002


Member of BC Press Council


22097