The Seattle Times. Winner of Eight Pulitzer Prizes.


Fri, Oct 31, 2014

WEATHER | TRAFFIC

VIEW SECTIONS

Home


Updated Thursday, November 15, 2012 at 09:28 AM

Mixed retail earnings keep stock gains in check

By The Associated Press
The Associated Press

Stock indexes are logging tiny gains in early trading after two giant U.S. retailers turned in mixed earnings reports.

Wal-Mart's stock fell sharply, giving up 4 percent after the retailer gave investors a profit forecast that was weaker than they were expecting. Target said its profit rose but the company also said sales rose at a slower pace than last year. Target's stock edged up less than 1 percent.

The Dow Jones industrial average was up nine points at 12,580 in early trading Thursday.

The Standard & Poor's 500 index was up four points at 1,359 and the Nasdaq composite was up seven points at 2,853.

Data storage company NetApp was the biggest gainer in the S&P 500 index after the company reported earnings that beat analysts' expectations.


SECTIONS

Top News arrow

Latest News arrow

Local arrow

Nation & World arrow

Business & Technology arrow

Editorial & Opinion arrow

Sports arrow

Entertainment arrow

Living arrow

Travel & Outdoors arrow

Obituaries arrow


CLASSIFIEDS

Jobs arrow

Autos arrow

Homes & Rentals arrow

More Classifieds arrow