Dow Ends Day Down 138

S&P 500, Nasdaq also close lower
By Newser Editors and Wire Services
Posted Apr 13, 2017 3:18 PM CDT
Specialist Peter Mazza, left, and trader Brandon Barb work on the floor of the New York Stock Exchange, Tuesday, April 4, 2017.   (AP Photo/Richard Drew)

(Newser) – Energy stocks led a broad decline on Wall Street, giving the market its third loss in a row, the AP reports. Financial stocks also dropped Thursday. Wells Fargo gave up 3.3% after Warren Buffett's Berkshire Hathaway said it was selling some of its stake for regulatory reasons. Pier 1 Imports plunged 9% after reporting disappointing sales. The Standard & Poor's 500 index fell 15 points, or 0.7%, to 2,328. The Dow Jones industrial average lost 138 points, or 0.7%, to 20,453. The Nasdaq composite gave up 31 points, or 0.5%, to 5,805. Small-company stocks fell more than the rest of the market. The Russell 2000 index lost 13 points, or 1%, to 1,345. US markets will be closed Friday for the Good Friday holiday. (Read more Dow Jones stories.)

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