European Central Bank

Stocks waver as earnings and central-bank news dominate attention

Stocks waver as earnings and central-bank news dominate attention

U.S. stock indexes snoozed Thursday as investors were relieved the European Central Bank didn't announce any changes to its stimulus policies.

The European bank maintained its current policies, and ECB President Mario Draghi said it hasn't even set a date for considering changes. Investors were startled a month ago when he spoke about scaling back the bank's billions of dollars in monthly bond purchases.

On an up-and-down day, second-quarter results moved other stocks: Healthcare companies including Abbott Laboratories climbed, and paint, trucking and railroad companies fell.

Sears announced an online appliance sales pact with Amazon.com, and appliance makers and home...

EDITION: California | U.S. & World
81°