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. …