Saturday, December 10, 2016
Close  
business /
  • share this

US stocks open lower as earnings season kicks off

/ 11:58 PM January 08, 2013

In this Dec. 28, 2012, photo, traders work on the floor at the New York Stock Exchange in New York. US stocks opened lower Tuesday, Jan. 8, 2013, as earnings season was set to begin, with investors cautious after the economy plodded along during the fourth quarter of 2012. AP PHOTO/SETH WENIG

NEW YORK—US stocks opened lower Tuesday as earnings season was set to begin, with investors cautious after the economy plodded along during the fourth quarter of 2012.

Five minutes into trade, the Dow Jones Industrial Average was down 28.68 points (0.21 percent) at 13,355.61.

The broad-based S&P 500 fell 3.05 points (0.21 percent) to 1,458.84, while the tech-heavy Nasdaq Composite edged down 0.95 (0.03 percent) to 3,097.86.

ADVERTISEMENT

Monsanto sheres surged 3.1 percent to $99.05 after reporting a 169 percent rise in profit for its quarter to November 30 on strong corn seed sales in the US and Latin America.

TAGS: open, stocks, US
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2016 INQUIRER.net | All Rights Reserved