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
Stock Market's 3-Day Rally Ends
Trader Anthony Riccio works on the floor of the New York Stock Exchange, Friday, Feb. 12, 2016.   (AP Photo/Richard Drew)

(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.)

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