Stocks End Day Little Changed
Dow falls 20
By Newser Editors and Wire Services
Posted Mar 17, 2017 3:16 PM CDT
Trader Robert Arciero works on the floor of the New York Stock Exchange, Thursday, March 16, 2017.   (AP Photo/Richard Drew)

(Newser) – US stocks ended little changed after a day of meandering between small gains and losses, the AP reports. Income-seeking investors bought dividend-paying utilities and phone companies Friday as bond yields fell. Ameren rose 1.3%. Health care stocks sank. Biotech drugmaker Amgen gave up 6.6% after disappointing results from a study of its cholesterol drug Repatha. Financial stocks lost ground as yields fell, cutting into lending profits. Capital One Financial fell 2.2%. On the New York Stock Exchange, more stocks rose than fell. Adobe Systems rose 4% and Tiffany rose 2.7%. Both posted strong quarterly results. The Standard & Poor's 500 index fell 3 points or 0.1% to 2,378. The Dow Jones industrial average fell 20 points, or 0.1%, to 20,915. The Nasdaq composite was unchanged at 5,901.

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