Stocks End Day With Mixed Results

S&P 500, Nasdaq slip; Dow closes slightly higher
By Newser Editors and Wire Services
Posted Aug 15, 2017 3:16 PM CDT
Traders Michael Milano, left, and Daniel Leporin work on the floor of the New York Stock Exchange, Monday, Aug. 7, 2017.   (AP Photo/Richard Drew)

(Newser) – Stocks are ending mostly lower after several retailers released disappointing results and outlooks, the AP reports. Dick's Sporting Goods and Advance Auto Parts plunged Tuesday after slashing their annual forecasts. Bond prices fell, sending yields higher. That helped bank stocks. Streaming music service Pandora rose 4% after naming a new CEO. Roger Lynch had been head of Dish's streaming video service. The Standard & Poor's 500 index fell 1 point to 2,464. The Dow Jones industrial average rose 5 points to 21,998. The Nasdaq composite edged down 7 points, or 0.1%, to 6,333. Small-company stocks fell more than the rest of the market. The Russell 2000 index slumped 11 points, or 0.8%, to 1,383. (Read more stock market stories.)

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