Business News

US stocks slip after results from Wal-Mart and Cisco

NEW YORK (AP) -- U.S. stocks are lower Thursday morning as investors fail to get excited by quarterly reports from big names like retailer Wal-Mart and technology bellwether Cisco Systems. Most industries are slipping, with some of the biggest losses going to technology and industrial companies, retailers and banks. After dramatic moves late last week and earlier this week, stocks appear to have returned to the pattern of small moves that has marked this year....