Indexes Edge Lower In Early Trade; Tiffany Gains
Financial markets in the U.S. drifted lower in early trading Wednesday, a day after the Standard & Poor’s 500 index closed above 2,000 points for the first time. Investors bid up shares in Tiffany & Co. after the jewelry company reported earnings that were better than analysts were expecting. Tiffany rose $1.81, or 2 percent, to $102.53 in early trading. The jewelry company’s latest quarterly earnings beat Wall Street’s forecasts.
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