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

Up, down, back again: Stocks dip after meandering again

 

August 25, 2017



NEW YORK (AP) — U.S. stock indexes ticked lower on Thursday, but only after a circuitous ride that saw them flip multiple times between small gains and losses. It’s the latest meandering course for a market that’s been pushed in many directions the last few weeks.

Food companies struggled after the makers of Spam and Folgers coffee reported weaker-than-expected results, and grocers fell after Amazon said it plans to cut prices for avocados, eggs and other products when it takes control of Whole Foods next week. Retailers, meanwhile, were big winners after a wide variety said they earn...



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