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FILE - In this Wednesday, Feb. 12, 2014, file photo, traders monitor stock prices at the New York Stock Exchange. (AP Photo/Mark Lennihan, File)
Weaker retails sales, job market news hurt stocks
First Published Feb 13 2014 08:03 am • Last Updated Jun 27 2014 05:05 pm

New York » Disappointing news about the job market and retail sales are sending U.S. stocks lower in early trading.

The Standard & Poor’s 500 index fell eight points, or 0.4 percent, to 1,811 in the first few minutes of trading Thursday.

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The Dow Jones industrial average lost 81 points, or 0.5 percent, to 15,882. The Nasdaq composite fell 16 points, or 0.4 percent, to 4,185.

Cisco Systems fell 4 percent after the network equipment maker reported that weaker revenue and charges weighed down its second-quarter earnings.

Comcast fell 3 percent after it agreed to buy Time Warner Cable for $45.2 billion in stock. Time Warner Cable jumped 7 percent on the news. The deal would combine the top two cable TV companies in the United States.




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