Wall Street reverses course as discretionary, industrials weigh

U.S. stocks reversed course late Thursday morning as weak results from several industrial and consumer discretionary companies eclipsed gains from healthcare stocks. The top drag on the S&P 500 and the Nasdaq was Comcast, which fell 2.7 percent following price target cuts from Barclays and Deutsche Bank, citing increased competition from AT&T-owned DirecTV Now. Comcast, along with Ford, whose quarterly net income fell by more than 50 percent, were chiefly responsible for the consumer dis