Stocks edge lower in midday trading Dow could be headed for first

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by The Associated Press Posted Jun 6, 2013 12:09 pm MDT NEW YORK, N.Y. – The stock market is edging lower in midday trading after a big drop the day before.The Dow Jones industrial average was down 37 points at 14,923 at noon Eastern Daylight Time Thursday, a decrease of 0.3 per cent.The Dow dropped 217 points the day before. The index of 30 big-name stocks could be headed for its first three-day losing streak this year.The Standard & Poor’s 500 index was down a point at 1,607, a decrease of 0.1 per cent.The Nasdaq composite fell four points to 3,396 points, or 0.1 per cent.L Brands, owner of Victoria’s Secret and Bath and Body Works, fell $1.16, or 2.2 per cent, to $50.50 after reporting sales growth that was below the estimates of financial analysts. Stocks edge lower in midday trading; Dow could be headed for first three-day drop this year read more

Continue Reading →