McKesson (mck) Declares $0.28 Quarterly Dividend; 0.6% Yield

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Market Wrap: GDP Inches Higher in Q3; Pending Sales Stall in Sept.; PBMs Severe Ties with Philidor

October 29, 2015 5:28 PM EDT

Market wrap for October 29th

End of the Day: S&P 500 down 0.9 to 2,089.41; Dow Jones down 23.7 to 17,755.80; Nasdaq down 21.4 to 5,074.27

Market Brief: Markets pared some gains from Wednesday following FOMC commentary yesterday and data today showing U.S. GDP growth in Q3, but not at the pace expected.

Pending home sales showed a surprise drop for September.

Valeant shares fell in late trading as CVS Health cut off its relationship with Philidor.

Allergan and Pfizer announced that they were in... More