NEW YORK | US stocks edge mostly lower after a big post-election surge
NEW YORK — Stocks in the U.S. are taking small losses at midday Thursday after a big rally the day before. Technology and internet companies are slipping after chipmaker Qualcomm gave a disappointing revenue forecast for the current quarter. Health care companies are broadly higher after a big gain a day ago following the U.S. midterm elections, and banks are rising as the Federal Reserve wraps up its latest meeting.
KEEPING SCORE: The S&P 500 index shed 2 points, or 0.1 percent, to 2,811 as of noon Eastern time.