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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
Stocks End the Day Little Changed
Traders Timothy Nick, left, Peter Tuchman, center, and Gordon Charlop work on the floor of the New York Stock Exchange, Thursday, March 16, 2017.   (AP Photo/Richard Drew)

(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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