Stocks End Mostly Lower in Quiet Pre-Thanksgiving Trading

Tech and banks down, energy companies up
By Newser Editors and Wire Services
Posted Nov 22, 2017 3:33 PM CST
This Aug. 24, 2015 file photo shows the New York Stock Exchange.   (AP Photo/Seth Wenig, File)

(Newser) – Stock indexes ended mostly lower Wednesday on Wall Street in a quiet day of trading ahead of the Thanksgiving holiday, the AP reports. Technology companies and banks finished broadly lower, though Apple managed to gain 1%. Energy companies rose as oil prices jumped on reports OPEC might extend production cuts. Newfield Exploration gained 1.6%. Farm equipment maker Deere rose 4.3% after reporting a strong quarter.

The Standard & Poor's 500 index fell almost 2 points, or 0.1%, to 2,597. The Dow Jones industrial average edged down 64 points, or 0.3%, to 23,526. The Nasdaq added 4 points, or 0.1%, to 6,867. Bond prices rose. The yield on the 10-year Treasury fell to 2.32%.

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