Dow Edges Up to Another Record High

But S&P 500, Nasdaq slip
By Newser Editors and Wire Services
Posted Feb 22, 2017 3:11 PM CST
Trader William McInerney, center, works on the floor of the New York Stock Exchange, Wednesday, Feb. 22, 2017.   (AP Photo/Richard Drew)

(Newser) – US stocks are ending mostly lower, led by drops in energy companies which fell along with the price of crude oil, the AP reports. The Dow Jones industrials bucked the downward trend Wednesday and managed a small gain, their ninth straight and enough to mark another record high. Marathon Oil sank 3.8% and Devon Energy lost 2.9%. The Standard & Poor's 500 index fell 2 points, or 0.1%, to 2,362. The Dow Jones industrial average edged up 32 points, or 0.2%, to 20,775. The Nasdaq composite declined 5 points, or 0.1%, to 5,860. More stocks fell than rose on the New York Stock Exchange. (Read more Dow Jones stories.)

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