Markets Right Now: Stocks are off to a mixed start
NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks are off to a mixed start on Wall Street as gains for American Airlines and other carriers are offset by losses elsewhere.
American jumped 5.7 percent in early trading Thursday after reporting solid earnings in its latest quarter.
Student loan company Sallie Mae rose 8.8 percent after reporting good results of its own.
Elsewhere, cloud computing company Citrix Systems sank 4.5 percent after issuing a weak forecast.
The S&P 500 index slipped 4 points, or 0.2 percent, to 2,634.
The Dow Jones Industrial Average fell 83 points, or 0.3 percent, to 24,492. The Nasdaq composite edged up 21 points, or 0.3 percent, to 7,048.