Stocks wobble on Wall Street as investors review earnings

Published November 18, 2021 10:56 AM

By DAMIAN J. TROISE

Stocks were giving back gains in late afternoon trading Thursday as investors gauge the latest corporate earnings and monitor inflation’s impact on the economy. The S&P 500 rose 0.1%, with the benchmark index roughly split between gainers and losers. The Dow Jones Industrial Average rose 0.2% and the Nasdaq rose gave up its gains and was relatively unchanged. Technology stocks were once again directing the broader market. Investors shrugged off news that the number of Americans applying for unemployment benefits rose to the highest level in three months last week as the fast-spreading omicron variant disrupted the job market.

Article Topic Follows: AP National Business

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