Bloomberg News

U.S. Stocks Pare Losses Amid Gains in Technology, Energy Shares

October 28, 2011

Oct. 28 (Bloomberg) -- U.S. stocks pared losses as commodity and technology shares rallied amid better-than- forecast earnings from companies including Goodyear Tire & Rubber Co. and Merck & Co.

The Standard & Poor’s 500 Index fell 0.1 percent to 1,283.38 at 10:39 a.m. New York time, after declining as much as 0.6 percent earlier. The Dow Jones Industrial Average dropped 1.62 points, or less than 0.1 percent, to 12,206.93.

To contact the editor responsible for this story: Jeff Sutherland at jsutherlan13@bloomberg.net


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus