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Markets End Day Little Changed

Dow dips 6
By Newser Editors and Wire Services
Posted Apr 7, 2017 3:08 PM CDT

(Newser) – After wavering up and down all day, US stock indexes wound up pretty much where they started, the AP reports. US missile strikes in Syria and news Friday of a slowdown in hiring last month left investors with little interest in making big moves in the market, with a handful of exceptions. Defense contractors traded higher after the strikes. Raytheon climbed 1.5% and Lockheed Martin gained 1.2%. Investors also bid up some high-dividend stocks like phone companies as they sought out relatively safe venues to park money. Energy companies and banks fell. The Standard & Poor's 500 index fell 2 points, or 0.1%, to 2,355. The Dow Jones industrial average slipped 6 points to 20,656. The Nasdaq composite slipped 1 point to 5,877. (Read more Dow Jones stories.)

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