An early rally fades, leaving US stocks mostly lower
By BERNARD CONDON, Associated Press
Mar 10, 2016 3:11 PM CST
FILE - In this Thursday, Oct. 2, 2014, file photo, a street sign directs people to the New York Stock Exchange, Federal Hall, and the Statue of Liberty, in New York's Financial District. European stock markets surged Thursday, March 10, 2016, while the euro has tanked after the European Central Bank...   (Associated Press)

NEW YORK (AP) — Stocks ended mostly lower on Wall Street after a brief early rally faded away.

Several companies lost ground Thursday after releasing disappointing earnings and outlooks.

Canadian Solar sank 13 percent and Vail Resorts lost 4 percent.

In Europe, stocks gave back an early gain after enthusiasm about a wide range of stimulus steps announced by the European Central Bank faded.

The Dow Jones industrial average gave up five points, less than 0.1 percent, to 16,995. It was up as much as 130 points earlier.

The Nasdaq composite gave up 12 points, or 0.3 percent, to 4,662. The Standard & Poor's 500 index was up less than a point to end at 1,989.

Bond prices fell. The yield on the 10-year Treasury note rose to 1.93 percent.