While you were sleeping: Wall St flat, results mixed

Wed, 21 Oct 2015

By Margreet Dietz Oct. 22 (BusinessDesk) - Wall Street fluctuated as biotech stocks declined amid accusations of fraud at Valeant Pharmaceuticals, while the latest US earnings offered disappointments such as Yahoo and Chipotle Mexican Grill and stellar surprises such as General Motors. In New York trading at about 1.37pm, the Dow Jones industrial average inched 0.05 percent higher. The Standard & Poor’s 500 Index fell 0.4 percent, while the Nasdaq Composite Index slid 0.7 percent. In the Dow, gains in shares of United Technologies and...

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