NEW YORK (AP) — The stock market drifted lower to start the week as more companies lined up to post their quarterly earnings. Mounting tensions between Russia and the West over the downed plane in Ukraine also occupied investors’ attention.
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Investors jumped on a wave of strong corporate financial results Friday, propelling stocks higher for the third time in five days.
The stock market veered lower Thursday afternoon, weighed down by news that a passenger jet was shot down over Ukraine and by disappointing U.S. corporate earnings and housing data.