US stocks edge lower as investors assess earnings

Source: AP-Excite

By STEVE ROTHWELL

NEW YORK (AP) — U.S. stocks edged lower Thursday as investors assessed some mixed news on company earnings. Energy stocks rose as oil recouped some of its losses from a big sell-off on Wednesday.

Alcoa and Bed, Bath & Beyond were among the biggest decliners after delivering earnings reports that disappointed investors.

In Europe, stocks rose to a record. Stocks in the region are being boosted by the combination of European Central Bank stimulus, a weaker euro and lower oil prices.

KEEPING SCORE: The Standard & Poor's 500 index fell one point, or less than 0.2 percent, to 2,080 as of 12:12 p.m. Eastern. The Dow Jones industrial average dropped 23 points, or 0.2 percent, to 17,874. The Nasdaq composite fell five points, or 0.1 percent, to 4,945.

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FILE - In this Feb. 10, 2011 file photo, American flags fly in front of the New York Stock Exchange, in New York. U.S. stocks were little changed in early trading Thursday, April 9, 2015, as investors assessed company earnings. Energy stocks were among the early gainers as oil recouped some of its losses from a big sell-off on Wednesday. (AP Photo/Mark Lennihan, File)

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