Summary Box: Stocks mixed on light volume (AP)

FEE CUT: American Express Co. fell 3.4 percent to $42.50 after analysts downgraded the company. Analysts say that a new set of rules proposed by the Federal Reserve could cap the fees that the company charges merchants.

FLIGHT CUT: Boeing Inc. fell 2.7 percent to $63.27 even as the company said it was increasing the production rate for its 777 aircraft in response to strong demand.

MIXED FINISH: The Dow Jones industrial average fell 0.1 percent to 11,478. The S&P 500 and Nasdaq composite each rose 0.3 percent.


View the original article here

You can leave a response, or trackback from your own site.

0 Response to "Summary Box: Stocks mixed on light volume (AP)"

Post a Comment

Powered by Blogger