Stocks Trade Mixed, Headed for Big Weekly Loss

By: Associated Press
By: Associated Press

Stocks are slightly higher in midday trading as concerns about Europe and a budget impasse in Washington kept market gains in check.

Indexes rose earlier Friday after strong earnings reports from Google Inc., Mattel Inc. and Citigroup Inc. Buyout offers for Clorox Co. and Petrohawk Energy Corp also lifted stock prices. The positive news overshadowed a weak report on U.S. factory output in June.

Investors were waiting for the results of stress tests designed to show how well Europe's banks would withstand losses on European government bonds.

Just before noon, the S&P 500 index is up 4 points, or 0.3 percent, at 1,313. The Dow is up 16, or 0.1 percent, at 12,453. The Nasdaq composite index is up 17, or 0.6, at 2,780.

Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 125641838 -
Gray Television, Inc.