Wall Street Rally Pauses After Underwhelming Revenue Forecasts

Wall Street Rally Pauses After Underwhelming Revenue Forecasts
Traders work on the floor of the New York Stock Exchange (NYSE) in N.Y. on Feb. 4, 2019. Brendan McDermid/Reuters
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NEW YORK—U.S. stocks edged lower on Feb. 6 as videogame makers gave disappointing revenue forecasts and investors awaited developments on U.S.-China trade relations.

The benchmark S&P 500 and the Nasdaq were weighed by declines in shares of Electronic Arts Inc, which tumbled 13.3 percent after the videogame publisher forecast full-year revenue below Wall Street estimates. The sharp drop pulled down shares of rival videogame publisher Activision Blizzard Inc, which fell 10.1 percent.