Stocks Slightly Lower Ahead of Christmas Holiday

Health care companies and banks fell the most
By Newser Editors and Wire Services
Posted Dec 22, 2017 3:37 PM CST
This Tuesday, Oct. 25, 2016 file photo shows the New York Stock Exchange in Lower Manhattan.   (AP Photo/Mary Altaffer, File)

(Newser) – Stocks closed mostly lower Friday on Wall Street as a subdued week of trading came to a close, the AP reports. Health care companies and banks fell the most. Nike fell 2.3% after reporting disappointing results in its North American business. Trading in bitcoin futures was volatile. Futures dropped as much as 28% before recovering some of their losses.

The Standard & Poor's 500 index slipped 1 point, or 0.1%, to 2,683. The Dow Jones industrial average fell 28 points, or 0.1%, to 24,754. The Nasdaq composite lost 5 points, or 0.1%, to 6,959. Bond prices didn't move much. The yield on the 10-year Treasury held steady at 2.48%. US markets will be closed Monday for Christmas.

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