Dow Slips 6 Ahead of Earnings Reports

Telecoms fall after FCC OKs internet calls on smartphones
By Nick McMaster,  Newser Staff
Posted Oct 7, 2009 3:15 PM CDT
Dow Slips 6 Ahead of Earnings Reports
Specialist Evan Solomon, left, opens trading in Banco Santander on the floor of the New York Stock Exchange marking the company's IPO, Wednesday, Oct. 7, 2009.   (AP Photo/Richard Drew)

Stocks ended mixed as traders await the beginning of the third-quarter earnings season, which kicks off with Alcoa’s report later today. Telecoms fell after the FCC chair said he would allow Internet-based phone calls on smartphones. AT&T was down 3.6%, while Verizon fell 2.7%. Amid light volume, the Dow fell 6 points to 9,725, the Nasdaq gained 7, settling at 2,110, and the S&P 500 added 3 points, closing at 1,058, reports the Wall Street Journal.
(More Dow Jones stories.)

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