Dell, HP Lead U.S. Stocks Lower -- Market Talk
1624 ET - U.S. stocks fall ahead of Thanksgiving, but remain on track to end the week and month higher. Dell shares fall 12% after the computer maker's guidance misses analyst expectations. Its rival HP also disappoints and sees its stock fall 11%. The two tech companies are the biggest losers on the S&P 500. Urban Outfitters rises 18% on better-than-expected sales. U.S. activity and labor data largely meet expectations, leaving investors waiting for the payrolls report next week. Stock and bond markets are closed tomorrow. The three major indexes fall less than 1% each. The DJIA closes at 44722, the S&P 500 at 5999 and the Nasdaq at 19060. (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
November 27, 2024 16:27 ET (21:27 GMT)
