While you were sleeping: Groupon, Whole Foods slump

Wed, 07 May 2014

By Margreet Dietz May 8 (BusinessDesk) - Wall Street was mixed as the promise of ongoing monetary support to help the US economy kick into higher gear was muted by concern about the outlook for corporate earnings from companies including Groupon and Whole Foods. With about an hour of trading left in the day in New York, the Dow Jones Industrial Average climbed 0.58 percent, while the Standard & Poor’s 500 Index rose 0.37 percent. The Nasdaq Composite Index slid 0.72 percent, as technology stocks fell further out of favour. Gains in sha...

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