Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

US stock indexes edge mostly lower; oil rises

 

August 13, 2016



Wall Street capped a record-setting week with a day of mostly listless trading Friday that left the three major U.S. stock indexes essentially flat.

The Dow Jones industrial average and the Standard & Poor’s 500 index closed slightly lower. The Nasdaq composite eked out a tiny gain, giving the tech-heavy index its fourth record-high close in a week.

Investors mostly focused on the latest batch of company earnings from retailers and other companies, as well as new data indicating that U.S. retail sales in July were more sluggish than expected.

Materials companies fell the most. Energy stoc...



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