Dow Ends Day Down 174
S&P 500, Nasdaq also close lower
By Newser Editors and Wire Services
Posted Apr 7, 2016 3:18 PM CDT
Trader Glenn Kessler, center, works on the floor of the New York Stock Exchange, Wednesday, April 6, 2016.   (AP Photo/Richard Drew)

(Newser) – US stocks are ending broadly lower, led by declines in banks as interest rates move lower. Goldman Sachs sank 3% and JPMorgan Chase lost 2.5%, two of the biggest losses in the Dow Jones industrial average. The Dow average gave up 174 points, or 1%, to 17,541. The Standard & Poor's 500 index lost 24 points, or 1.2%, to 2,041. The Nasdaq composite fell 72 points, or 1.5%, to 4,848. It was the biggest decline in the S&P 500 index in six weeks.

 

My Take on This Story
Show results without voting  |  
50%
0%
17%
33%
0%
0%