Amazon.com jumped more than 3% after as its Whole Foods business is reportedly planning to cut hundreds of jobs as part of a restructuring.
Tesla , meanwhile, steadied after a slump a day earlier as the electric vehicle maker said it would hike prices of its Model Y and Model S in the U.S., just a day after slumping more than 10% following disappointing quarterly results. Energy stocks sidestepped the uptick in oil prices as sentiment was soured by a more than 4% slump in Schlumberger NV (NYSE:
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Verizon stock leads Dow losers after AT&T earningsShares of Verizon Communications Inc. fell 3.7% Thursday, leading Dow Jones Industrial Average losers in the wake of peer AT&T Inc.’s earnings report that...
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