Dow Ends Day Up 60

But Nasdaq falls
By Newser Editors and Wire Services
Posted Jul 31, 2017 3:16 PM CDT

(Newser) – Gains for banks and media companies are mostly outweighing losses elsewhere in the market, leaving stock indexes little changed by the end of trading on Wall Street, the AP reports. Cable companies were a big focus for investors Monday. Charter Communications jumped 6% following reports that Japanese technology company SoftBank might make an offer for it. Scripps Networks Interactive, which operates HGTV, rose 0.6% after agreeing to be acquired by Discovery Communications. Technology companies fell. Facebook dropped 1.9%. Among banks, Citigroup rose 1%. The Standard & Poor's 500 index edged down 1 point to 2,470. The Dow Jones industrial average rose 60 points, or 0.3%, to 21,891. The Nasdaq fell 26 points, or 0.4%, to 6,348. More stocks rose than fell on the New York Stock Exchange. (Read more stock market stories.)

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