Dow Ends Day Down 113
S&P 500, Nasdaq also close lower
By Newser Editors and Wire Services
Posted Apr 21, 2016 3:16 PM CDT
Trader William McInerney, left, works on the floor of the New York Stock Exchange, Wednesday, April 20, 2016.   (AP Photo/Richard Drew)

(Newser) – Stocks closed broadly lower on Wall Street as the market pulled back after a three-day rally. Traditional safe-play stocks such as phone companies and utilities had the biggest declines Thursday. Those sectors have had some of the biggest gains since the beginning of the year. In company news, United Continental slumped 10% after the airline announced a steep drop in earnings. Viacom soared 14% after reaching a new agreement with Dish Network to carry its cable networks. The Dow Jones industrial average fell 113 points, or 0.6%, to 17,982. The Standard & Poor's 500 index gave up 10 points, or 0.5%, to 2,091. The Nasdaq composite edged down two points to 4,945.