U.S. stocks stumble as investors digest corporate earnings

U.S. benchmark stock indexes all opened lower on Thursday amid concerns over lackluster corporate earnings. The Dow Jones Industrial Average slipped 129 points, or 0.5%, to 26,020. The S&P 500 was down 7 points, or 0.2%, to 2,817. The Nasdaq Composite Index fell 26 points, or 0.4%, to 7,385. The three equity gauges are on track to post their third decline for this week after the three indexes fell on Monday and Tuesday. Qorvo Inc. climbed 11.5% after better than expected earnings late Wednesday, while PayPal Holdings Inc. fell 7.9% after eBay said it would take over payments-processing duties from its business partner.

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From:: Stock Market News

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