Local bank stocks stand pat
Local bank stocks were unchanged following Thursday’s trading, with First Niles Financial closing at $11 a share and Cortland Bancorp closing at $15.60 a share.
A day of mostly listless trading on Wall Street ended Thursday with U.S. stocks giving back modest gains from the day before.
Telecom sector stocks declined the most, weighed down by a slide in shares of AT&T, Sprint and other phone companies.
The Dow Jones industrial average slipped 40.27 points, or 0.2 percent, to 18,162.35. The Standard & Poor’s 500 index lost 2.95 points, or 0.2 percent, to 2,141.34. The Nasdaq composite index slid 4.58 points, or 0.1 percent, to 5,241.83.