X

Markets End the Day Lower

Dow, S&P 500, Nasdaq all down
By Newser Editors and Wire Services
Posted Aug 10, 2016 3:16 PM CDT
Markets End the Day Lower
In this Wednesday, May 4, 2016, file photo, trader Edward Curran, right, works near the post that handles CBS Corp. on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks are closing lower on Wall Street Wednesday as energy companies fall with the price of oil and banks and health care stocks slide, the AP reports. Phone company stocks are also up. Earnings reports drove much of the trading. Drugmaker Perrigo sank 10% and solar power company SunPower lost almost 30%. The price of crude oil fell 2.5% to $41.71 a barrel in New York. Consumer stocks fared better. Ralph Lauren shares jumped 9%. The Dow Jones industrial average fell 38 points, or 0.2%, to 18,496. The Standard & Poor's 500 index fell 6 points, or 0.3%, to 2,175. The Nasdaq composite fell 21 points, or 0.4%, to 5,205. (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
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X