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Stocks at closing |
Thursday, July 29, 2010
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By The Associated Press
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NEW YORK (AP) — Stocks are ending a choppy day with a modest loss as investors tried to reconcile another batch of conflicting economic signals.
Thursday’s trading fit with the market’s months-long pattern. Investors are torn between upbeat earnings news and reports that point to an uncertain recovery.
That indecision was clear as stocks rose on strong earnings at Southwest Airlines, ExxonMobil and others, then fell on disappointment over a slight drop in unemployment benefits claims.
The Dow Jones industrial average fell 30, or 0.3 percent, to 10,467. The Standard & Poor’s 500 index fell 4, or 0.4 percent, to 1,101. The Nasdaq composite index fell 12, or 0.6 percent, to 2,2251.
Winning stocks were narrowly ahead of losers on the New York Stock Exchange. Volume came to a light 1 billion shares.
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