NEW YORK | Stocks turn higher after early slide; Macy’s nosedives

10Jan - by Editor - 0 - In STL.News

NEW YORK  — Jan 10, 2019— After a shaky start, U.S. stocks are mostly higher at midday Thursday as industrial companies, utilities and household goods makers rise. The S&P 500 is on track for its fifth consecutive gain.

U.S. and Chinese officials wrapped trade talks in Beijing without a significant breakthrough. Retailers sank after Macy’s said its sales over the holidays were worse than expected, and airlines slumped after American gave a disappointing revenue forecast.

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