Stocks Close Mixed on Wall Street

Energy, raw-material companies saw gains
By Newser Editors and Wire Services
Posted Nov 1, 2017 3:33 PM CDT
Trader Gerard Farco watches a television on the floor of the New York Stock Exchange showing the rate decision of the Federal Reserve, Wednesday, Nov. 1, 2017.   (AP Photo/Richard Drew)

(Newser) – Stocks closed mixed Wednesday as energy and raw-material companies rose and smaller stocks slipped, the AP reports. Energy companies, which have missed out on the market's gains this year, rose. Concho Resources rose 4.5%. High-dividend stocks like utilities and telecommunications companies fell. CenturyLink lost 6%.

The Standard & Poor's 500 index rose 4 points, or 0.2% 2,579. The Dow Jones industrial average rose 58 points, or 0.3%, to 23,435. The Nasdaq composite fell 11 points, or 0.2%, to 6,717.

(Read more stock market stories.)

My Take on This Story
Show results  |