Business Standard

Wall St cuts gains Nasdaq turns negative

Image

Reuters New York

U.S. stocks edged lower and the Nasdaq turned negative on Thursday as Apple shares fell after a legal ruling involving the sale of Samsung products and retail shares reversed course after rising on jobless claims data.

The Dow Jones industrial average gained 1.27 points, or 0.01 percent, to 13,346.24. The Standard & Poor's 500 Index gained 1.49 points, or 0.10 percent, to 1,434.05. The Nasdaq Composite Index dropped 3.78 points, or 0.12 percent, to 3,048.01.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 11 2012 | 11:54 PM IST

Explore News