Stocks cut losses at midday; BlackBerry jumps

NEW YORK (AP) — Mining companies and a handful of corporate deals are in focus on Wall Street on an otherwise quiet summer day on the stock market.

Stock indexes were lower in early trading as investors reacted to a report of weak economic growth in Japan. By midday Monday the market was moving between small gains and losses.

The Dow Jones industrial average was down seven points, or 0.05 percent, at 15,418 points.

The Standard & Poor’s 500 index was down two points, or 0.1 percent, at 1,689.

The Nasdaq composite index rose eight points, or 0.2 percent, to 3,668.

Mining stocks rose as gold and silver prices increased.

BlackBerry jumped after saying it would consider a sale. Dole Foods rose after its CEO said he would take the company private.

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. No links will be permitted. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

blog comments powered by Disqus