Equifax Breach, Hurricane Irma Weigh on US Stocks

Newser| Fri Sep 08 14:11:40 EDT 2017
(Newser) – Major US stock indexes wound up pretty much where they started Friday on Wall Street as losses in technology and energy companies outweighed gains in banks and insurers, the AP reports. Equifax plunged 13.7% in heavy trading Friday after the credit monitoring company disclosed a massive data breach. Insurers, which have fallen in recent days as hurricanes battered Houston and the Caribbean, recovered some of their recent losses. Chubb rose 4.4%. Kroger slumped 7.5% after saying intense competition forced it to cut prices. Other grocery store operators also fell. The Standard & Poor's 500 index slipped 3 points, or 0.2%, to 2,461. The Dow Jones industrial average rose 13 points..

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