Markets Close Mostly Unchanged

Dow up, S&P 500 and Nasdaq down
By Newser Editors and Wire Services
Posted Jul 15, 2016 3:20 PM CDT
Trader James Dresch, right, works on the floor of the New York Stock Exchange, Thursday, July 14, 2016.   (AP Photo/Richard Drew)

(Newser) – US stocks are ending more or less where they started as a five-day rally runs out of steam, the AP reports. Six of the 10 sectors in the Standard & Poor's 500 index ended lower, led by retailers and other consumer-focused stocks. Nike fell 1%, the biggest drop in the Dow Jones industrial average. Bond yields continued to rise Friday as investors felt more comfortable moving money out of low-risk assets. The Dow Jones industrial average edged up 10 points, or 0.1%, to 18,516. The Standard & Poor's 500 index slipped 2 points, or 0.1%, to 2,161. The Nasdaq composite lost 4 points, or 0.1%, to end at 5,029. Bond prices fell. The yield on the 10-year Treasury note rose to 1.59%. (Read more Dow Jones stories.)

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