Dow Ends Day Down 98

S&P 500, Nasdaq also close lower
By Newser Editors and Wire Services
Posted Jun 27, 2017 3:11 PM CDT
Dow Ends Day Down 98
Traders Patrick McKeon, left, and Edward Curran work on the floor of the New York Stock Exchange, Tuesday, June 27, 2017.   (AP Photo/Richard Drew)

Technology and phone companies led stocks modestly lower in a day of choppy trading on Wall Street, the AP reports. Major indexes flittered between small gains and losses through the middle of the day Tuesday, then turned lower in the early afternoon and stayed lower through the closing bell. Seagate Technology slumped 6.8% and Advanced Micro Devices lost 4.9%. Verizon gave up 2%. Banks were the only major industry group to rise. JPMorgan Chase climbed 0.9%. The Standard & Poor's 500 index lost 19 points, or 0.8%, to 2,419. The Dow Jones industrial average gave up 98 points, or 0.4%, to 21,310. The Nasdaq composite fell 100 points, or 1.6%, to 6,146. (More stock market stories.)

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