NEW YORK—Telecommunications service providers headed higher Friday ahead of Verizon's earnings results, slated for Monday and expected to be solid, as Wall Street rallied after a rocky start.
The broader market finished mixed, with the Dow industrials and Standard & Poor's 500 index recovering from earlier losses after a consumer confidence index fell to a 26-year low and Microsoft's disappointing forecast dragged tech stocks lower. The Nasdaq composite index, however, ended lower.
Here is a look at how some key telecom stocks performed Friday:
AT&T Inc., down 7 cents at $38.58
Sprint Nextel Corp., up 6 cents at $7.91
Verizon Communications Inc. up 68 cents at $37.04
Qwest Communications International Inc. up 15 cents, or 3.2 percent, at $4.90
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