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%