X

Markets End the Day Lower

Dow falls 27
By Newser Editors and Wire Services
Posted Jan 23, 2017 3:11 PM CST

(Newser) – Stocks are ending slightly lower on Wall Street as energy companies slide along with the price of crude oil, the AP reports. Oil rig operator Transocean slumped 3.6% Monday. Chipmaker Qualcomm plunged 12.7% after Apple said it was suing the company in a patent fight. High-dividend stocks did better than the rest of the market as bond yields fell, making those sectors more appealing to investors seeking income. AT&T rose 1.3%. The Standard & Poor's 500 index fell 6 points, or 0.3%, to 2,265. The Dow Jones industrial average lost 27 points, or 0.1%, to 19,799. The Nasdaq composite slipped 2 points, less than 0.1%, to 5,552. (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