Telecoms fall after FCC OKs internet calls on smartphones
(NEWSER) - 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»
