Markets Close With Mixed Results

Dow down, S&P 500 unchanged, Nasdaq up
By Newser Editors and Wire Services
Posted May 26, 2016 3:16 PM CDT
Markets Close With Mixed Results
Trader Michael Urkonis, foreground, works on the floor of the New York Stock Exchange, Tuesday, May 24, 2016.   (AP Photo/Richard Drew)

US stocks closed mixed Thursday after two straight days of gains, the AP reports. Chemical makers and banks slid while utilities and phone companies gained. Monsanto fell nearly 2% and Dow Chemical fell 1.7%. The chemical sector had gotten a boost earlier in the week on news of a potential sale of Monsanto to Germany's Bayer. Discount retailer Dollar Tree rose 13% after it raised its forecasts for the year. The Dow Jones industrial average slid 23 points, or 0.1%, to 17,828. The Standard and Poor's 500 index was unchanged at 2,090. The Nasdaq composite rose 7 points, or 0.1%, to 4,902. (Read more Dow Jones stories.)

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