Stocks Losing Momentum As Earnings Sour; Utilities, Miners Still Bright Spots

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After a promising start, stocks have reversed course and were falling at mid-day following disappointing results from several companies as earnings season picks up speed. The Nasdaq Composite index once again continues to outperform the broader market, holding onto a very slim gain but is well under a new, 13-year high reached soon after today's open. Dow components Johnson & Johnson ( JNJ ), Verizon ( VZ ) and Travelers ( TRV ) all have given back pre-market gains and were leading blue-chips lower while shares of utility and materials firms are some of the few bright spots remaining.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: JNJ , TRV , VZ

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77,261,676
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56,847,440
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As of 12/18/2014, 04:15 PM


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