Slow Trading Day Results in Minor Market Dips

Dow falls, but only by 7 points
By Newser Editors and Wire Services
Posted Dec 26, 2017 3:17 PM CST
Markets Dip Modestly on Sluggish Tech
Traders work on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

Losses in some big technology stocks led major US indexes mostly lower on Wall Street. Trading was quiet Tuesday as investors returned from the Christmas holiday, per the AP. The Standard & Poor's 500 index slipped 2 points, or 0.1%, to 2,680. The Dow Jones industrials fell 7 points, less than 0.1%, to 24,746. And the Nasdaq composite lost 23 points, or 0.3%, to 6,936.

Small-company stocks rose. The Russell 2000 increased 1 point, or 0.1%, to 1,544. Apple, meanwhile, dropped 2.5% on speculation that the company would cut its targets for iPhone sales. Chipmakers were also lower. Micron Technology fell 4.2%. Elsewhere, bond prices rose, and the yield on the 10-year Treasury fell to 2.47%.

(More stock market stories.)

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