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The Dow Now: Wal-Mart Slumps After Earnings Disappointment
MINYANVILLE ORIGINAL US stocks hovered around a narrow range in mid-Thursday trading as investors weighed a poor earnings reports from Wal-Mart (NYSE:WMT) and weak jobs data.   Initial jobless claimed for the previous week jumped to 439 000 thanks to the impact of Superstorm Sandy. The consensus estimate had been 375 000.   “To the extent we are continuing to see weakness in this marketplace we’re clearly focused on the storm damage to economic data and businesses and the more difficult path to come to a bargain by the end of the year ” Art Hogan a market strategist ...
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