U.S. stocks closed modestly lower Wednesday for the second day in a row.
Industrial companies declined the most. Energy stocks also fell as oil prices snapped a six-day winning streak. Utilities led the gainers. Bond prices rose, sending yields lower. Trading was subdued ahead of the Easter holiday weekend.
The Standard & Poor’s 500 fell 8.85 points, or 0.4 percent, to 2,344.93.
The Dow Jones industrial average slipped 59.44 points, or 0.3 percent, to 20,591.86.
The Nasdaq composite lost 30.61 points, 0.5 percent, to 5,836.16.
The Russell 2000 index of small-company stocks gave up 17.75 points, or 1.3 percent, to 1,359.20.
For the week:
The S&P 500 is down 10.61 points, or 0.5 percent.
The Dow is down 64.24 points, or 0.3 percent.
The Nasdaq is down 41.65 points, or 0.7 percent.
The Russell 2000 is down 5.36 points, or 0.4 percent
For the year:
The S&P 500 is up 106.10 points, or 4.7 percent.
The Dow is up 829.26 points, or 4.2 percent.
The Nasdaq is up 453.04 points, or 8.4 percent.
The Russell 2000 is up 2.07 points, or 0.2 percent
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Main Street Minute: Amazing Jake’s to get makeover, name change
- Main Street Minute: Phoenix has openings for fire emergency dispatchers
- Main Street Minute: Barbecue spot to open in downtown Phoenix
- Theme park resort villages approved for development near Phoenix
- Main Street Minute: Glendale health care campus giving out eclipse glasses