Stocks waver in early trading on Wall Street

NEW YORK (AP) — Stock indexes are barely budging in early trading on Wall Street as corporate earnings reporting for the first quarter draws to a close.

The Dow Jones industrial average was moving between small gains and losses shortly after the opening bell Thursday. After the first fifteen minutes of trading it was up four points at 15,109.

The Standard & Poor’s 500 was down a point at 1,631. The Nasdaq was up half a point at 3,413.

Better corporate and economic data have sent U.S. markets to new heights. The Dow closed above 15,000 for the first time Tuesday and again on Wednesday.

Monster Beverage’s stock slumped 7 percent. The drink maker’s income plunged 17 percent in the first quarter because of legal expenses, unfavorable exchange rates and distribution costs.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s