Stocks fluctuate on bank earnings, Fed valuation comments

NEW YORK – U.S. stocks fluctuated as investors weighed better-than-estimated bank earnings against Federal Reserve concerns about valuations for some social-media and biotech companies. The Dow Jones Internet Composite Index slumped 0.5 percent and the Nasdaq Biotechnology Index lost 1.6 percent. Pandora Media Inc. and Facebook Inc. slid more than 0.7 percent. Lorillard Inc. dropped…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display