Dow Recovery Collapses After UBS Downgrade Ravages Key Stock

By CCN: The Dow and broader U.S. stock market traded mixed-to-lower on Thursday, with Verizon Communications (VZ) emerging as the unlikely laggard after an analyst at UBS painted a dismal outlook on the telecom giant. Dow Slides; S&P 500 Stable Wall Street’s major indexes traded mixed Thursday, which reflects a tepid pre-market for Dow futures. The Dow Jones Industrial Average fell 24.64 points, or 0.1%, to 25,101.77. The broad S&P 500 Index of large-cap stocks declined 0.1% to 2,780.21. Losses were mainly concentrated in energy and financials stocks. Meanwhile, the technology-focused Nasdaq Composite Index fell 0.1% to 7,538.29. Shares of

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