Stock Market Rally Loses Momentum
S&P 500 and Nasdaq down, Dow up
By Newser Editors and Wire Services
Posted Jul 19, 2016 3:16 PM CDT
In this Wednesday, June 29, 2016, file photo, trader Jonathan Corpina, center, works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks are ending mostly lower on Wall Street as a three-week rally loses momentum, the AP reports. Investors were focusing on corporate earnings reports Tuesday, which were coming in mixed. Netflix plunged 13% after reporting subscriber growth that disappointed investors. The stock had more than doubled last year. Health care giant Johnson & Johnson rose 1.7% after reporting earnings that beat analysts' forecasts. The Standard & Poor's 500 index lost 3 points, or 0.1%, to 2,163. The Dow Jones industrial average edged up 25 points, or 0.1%, to 18,559. The Nasdaq composite declined 19 points, or 0.4%, to 5,036.

 

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