US STOCKS-Tech stocks advance, downgrades dent Dow – Reuters- About: Stock Trading News
Weighing on blue chips were downgrades of Dow components Verizon Communications(VZ. UBS cut its ratings on the stocks to “neutral” from “buy,” citing pressure from mobile competitors and the weak economy. Fears that floods in the Midwest would drive up prices of soda ingredient corn syrup hit Pepsico Inc (PEP. NYSE and AMEX quotes delayed by at least 20 minutes. read more
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