the republic logo

Stock indexes ended lower for a second day in US, pulling market further below record highs

bug
Share/Save/Bookmark

NEW YORK — U.S. stocks are ending lower for a second day in a row, pulling the market further below record highs reached earlier this week.

The drop Wednesday was modest but broad: nine of the 10 sectors in the Standard & Poor's 500 index lost ground.

The S&P 500 gave up nine points, or 0.4 percent, to 2,098.

PHOTO: Traders Joseph Lawler, left, and Frederick Reimer, work on the floor of the New York Stock Exchange Wednesday, March 4, 2015. U.S. stocks are opening lower, putting the market on track for a second day of losses. (AP Photo/Richard Drew)
Traders Joseph Lawler, left, and Frederick Reimer, work on the floor of the New York Stock Exchange Wednesday, March 4, 2015. U.S. stocks are opening lower, putting the market on track for a second day of losses. (AP Photo/Richard Drew)

The Dow Jones industrial average lost 106 points, or 0.6 percent, to 18,096. The Nasdaq composite fell 12 points, or 0.3 percent, to 4,967.

Aluminum maker Alcoa sank 4 percent, the most in the S&P 500.

Abercrombie & Fitch plunged 16 percent after its revenue came up short of what investors were looking for.

The price of oil rose $1.01 to $51.53 a barrel in New York.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2015 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.