RTRS: US STOCKS SNAPSHOT-Wall St cuts losses; Nasdaq, S&P positive
U.S. stocks cut losses on
Friday with the Nasdaq turning positive, boosted by gains in
financials and Google, which reported earnings on Thursday that
beat Wall Street's expectations.
* The Dow remained down about 1 percent following an
earnings report from bellwether General Electric (GE.N), in
which the company reported a quarterly profit that met
expectations but warned of an "extremely difficult" 2009.
* The Dow Jones industrial average .DJI was down 68.57
points, or 0.84 percent, at 8,054.23. The Standard & Poor's 500
Index .SPX slipped 0.59 points, or 0.07 percent, to 826.91.
The Nasdaq Composite Index .IXIC was up 9.60 points, or 0.66
percent, at 1,475.09.
