Stocks Mixed on Earnings and Economic Worries; AstraZeneca Gains on Cancer Drug Trial

AstraZeneca shares rose after positive trial results for a breast cancer therapy. Urban Outfitters and Foot Locker fell on concerns about consumer spending pullbacks.
Dow gained on a JPMorgan upgrade citing potential upside from higher oil prices. Nike slipped after a downgrade on wholesale pressures and China macro headwinds.
Opendoor shares fell over 6% after Citi cut its price target, citing low housing inventory.
Chinese e-commerce stocks JD.com and PDD Holdings dropped amid worsening China economy sentiment.
Media stocks rose after a preliminary labor deal between writers and studios. HP shares fell after Berkshire Hathaway sold $130 million in stock.

cnbc.com

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