Focus on media stocks
The judges ruling in the favor of AT&T /Time Warner merger, has the stock market focused on media stocks. AT&T is trading down $1.32 or -3.84%. while Time Warner is up $3.66 or 3.80%
The broad indices are now showing:
- S&P up 1.65 points or 0.06% at 2788.32
- NASDAQ is up 12.07 points or 0.16% at 7716
- Dow industrial average is up 4 points or 0.02% at 25325
Some early winners include:
- Stryker up 5.22%
- Netflix of 1.25%
- twitter up 0.71%
- Amazon of 0.45%
- Intel of 0.44%
Some losers today in early trading:
- Caterpillar down -0.83%
- Whirlpool down -0.38%
- Home Depot down -0.67%
- Boeing down -0.29%
- American Express down 10.11%