Activision Blizzard, Inc.

Stocks edge up to new records; video game makers jump, but banks skid

Stocks edge up to new records; video game makers jump, but banks skid

U.S. stock indexes finished with small gains Wednesday, setting new record highs, as video game makers gave technology companies a boost and household goods companies rose. However, a recent decline in interest rates continued to put pressure on banks.

“Grand Theft Auto” and “NBA2K” maker Take-Two Interactive Software soared after it reported better-than-expected sales, and Activision Blizzard jumped after it said the newest “Call of Duty” game had a strong debut over the weekend. Technology companies rose for the 10th day in a row. Companies that make and sell household goods, such as Colgate-Palmolive and Wal-Mart, gained ground. Energy companies declined and banks fell again;...

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