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

Retailers rise again, but tech leads other US stocks lower

NEW YORK (AP) — Retailers and smaller U.S. companies jumped again Friday as they continued to report strong third-quarter results, but technology companies and other big U.S. corporations couldn’t add to the previous day’s gains.

 

November 18, 2017



NEW YORK (AP) — Retailers and smaller U.S. companies jumped again Friday as they continued to report strong third-quarter results, but technology companies and other big U.S. corporations couldn’t add to the previous day’s gains.

A slew of retailers including discount chain Ross Stores, shoe store Foot Locker and clothing companies Gap and Abercrombie & Fitch soared following strong results or forecasts. Wal-Mart helped kick off a retail rally a day ago. Technology, health care and industrial companies slumped. On Thursday they led stocks to their biggest gain in two months.

Investors...



For access to this article please sign in or subscribe.



 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2017