Market Closes Out Quarter on a Soft Note

Dow loses 65 points
By Newser Editors and Wire Services
Posted Mar 31, 2017 3:15 PM CDT
Trader Ronald Madarasz works on the floor of the New York Stock Exchange, Thursday, March 30, 2017.   (AP Photo/Richard Drew)

(Newser) – The stock market is closing out a solid quarter on a soft note, the AP reports. The Dow Jones industrials ended lower Friday, dragged down by a drop in Exxon Mobil, but small-company stocks posted modest gains. The Nasdaq composite was higher most of the day but a late-day slide resulted in the index narrowly missing an all-time high close for the second day running. The Standard & Poor's 500 index slipped 5 points, or 0.2%, to 2,362. The Dow lost 65 points, or 0.3%, to 20,663. The Nasdaq composite slipped 2 points, less than 0.1%, to 5,911. The Russell 2000 index, which tracks smaller companies, rose 3 points, or 0.3%, to 1,385. Three stocks rose for every two that fell on the New York Stock Exchange. (Read more stock market stories.)

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