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Stocks End the Day Little Changed

Dow closes lower by 15
By Newser Editors and Wire Services
Posted Mar 16, 2017 3:16 PM CDT

(Newser) – Stocks ended up little changed on Wall Street after an early morning rally faded away, the AP reports. Health care stocks fell Thursday. Biotechnology drugmaker Biogen gave up 4.7% after two analysts downgraded their ratings on the company. Amgen lost 1.3%. Technology companies rose. Business software company Oracle surged 6% after reporting better earnings than analysts expected. High-end coat maker Canada Goose jumped 26% on its first day of trading in the US. The Standard & Poor's 500 index slipped 3 points, or 0.2%, to 2,381. The Dow Jones industrial average fell 15 points, or 0.1%, to 20,934. The Nasdaq edged up a fraction to 5,900. More stocks rose than fell on the New York Stock Exchange. (Read more stock market stories.)

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