X

Stock Market's 3-Day Rally Ends

Dow, S&P 500, Nasdaq all end the day lower
By Newser Editors and Wire Services
Posted Feb 18, 2016 3:21 PM CST

(Newser) – Stocks ended modestly lower on Wall Street as a three-day rally ran out of steam. Several companies fell after reporting weak earnings Thursday. Walmart Stores fell 3%, the most in the Dow Jones industrial average, after issuing a weak forecast and reporting results that came up short of analysts' forecasts. Perrigo, a drugmaker, and the cable channel operator Discovery Communications also stumbled after releasing disappointing earnings. The Dow gave up 40 points, or 0.3%, to 16,413. The Standard & Poor's 500 index lost nine points, or 0.5%, to 1,917. The Nasdaq composite lost 46 points, or 1%, to 4,487. (Read more Dow Jones stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X