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09/23/16 04:30:02 PM
MARKET SNAPSHOT

S&P Market Commentary

... NEW YORK (AP) The latest on developments in global financial markets (all times local): 4:00 p.m. Stocks ended lower on Wall Street following three days of gains. Energy companies led the way lower Friday as the price of crude oil took a tumble. Offshore rig operator Transocean dropped 6 percent. Technology stocks were trading heavily, particularly Facebook, Yahoo and Twitter. Yahoo slumped after revealing a massive data breach. The Dow Jones industrial average fell 130 points, or 0.7 percent, to 18,261. The Standard & Poor's 500 index lost 12 points, or 0.6 percent, to 2,164. The Nasdaq composite slipped 33 points, or 0.6 percent, to 5,305. Bond prices rose. The yield on the 10-year Treasury note fell to 1.62 percent. 11:45 a.m. Stocks are moving slightly lower on Wall Street after two days of gains. Energy and technology companies fell more than the rest of the market in midday trading Friday. Yahoo slumped 2 percent after the company announced late Thursday that hackers had stolen personal information from at least 500 million users. The Dow Jones industrial average slipped 63 points, or 0.4 percent, to 18,328. The Standard & Poor's 500 index lost 7 points, or 0.3 percent, to 2,170. The Nasdaq composite slipped 15 points, or 0.3 percent, to 5,323. Bond prices rose. The yield on the 10-year Treasury note fell to 1.62 percent. 9:35 a.m. Stocks are opening slightly lower on Wall Street after two days of gains. Utilities and real estate companies led the way lower early Friday. Technology companies also fell more than the rest of the market. Yahoo slumped 2 percent in early trade after the company announced late Thursday that hackers had stolen personal information from at least 500 million users. The Dow Jones industrial average slipped 32 points, or 0.2 percent, to 18,361. The Standard & Poor's 500 index lost 5points, or 0.2 percent, to 2,172. The Nasdaq composite slipped 11 points, or 0.2 percent, to 5,328. Bond prices rose. The yield on the 10-year Treasury note fell to 1.62 percent.



 

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