Stocks eke out small gains, still headed for weekly loss

Stocks eke out small gains, still headed for weekly loss

3 years ago
Anonymous $np3LcwuhSi

https://apnews.com/eb68c0709fa246a5af067fba38ec8882

Stocks managed to close mostly higher on Wall Street Thursday, but the S&P 500 is still on track for its first weekly loss in six weeks. The benchmark index eked out a gain of under 0.1%, while gains in technology companies helped push the Nasdaq up 0.5%. The mixed showing came a day after a surge in inflation tripped up major indexes. Disney sank 7.1% in heavy trading after reporting a slowdown in subscriber gains at its streaming channel. Beyond Meat dropped 13.3% after reporting a much wider loss than analysts were expecting. Bond trading was closed for Veterans Day.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.