Stocks Mixed After Negative Earnings News Counteracts Lower Bond Yields
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Barchart
Barchart
What you need to know… The S&P 500 Index ($SPX) (SPY) Thursday closed up +0.12%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.10%. Stocks on Thursday settled mixed. The broader market was under pressure early Thursday on some disappointing corporate earnings results. Cisco Systems closed down more than -9% after it cut its full-year revenue forecast. Also, Walmart closed down more than -8% to drag retailer stocks lower after striking a cautious tone about the outlook for U.S. shoppers. In addition, a more than -4% plunge …