Dow Ends Day Down 254

6-day winning streak for stocks ends
By Newser Editors and Wire Services
Posted Feb 20, 2018 3:08 PM CST
Specialists Robert Tuccillo, center, and Matthew Greiner works at their post on the floor of the New York Stock Exchange, Thursday, Feb. 15, 2018.   (AP Photo/Richard Drew)

(Newser) – Stocks took a turn lower in afternoon trading, ending a six-day winning streak, the AP reports. Walmart plunged 10% Tuesday after reporting weak online sales and disappointing earnings. Other retailers and grocery store operators also fell. Target gave up 3% and Ross Stores lost 2.7%. A sell-off in the afternoon wiped out early gains, which were led by technology companies. NXP Semiconductor jumped 6% after Qualcomm raised its offer for the company. The Standard & Poor's 500 index fell 15 points, or 0.6%, to 2,716. The Dow Jones industrial average lost 254 points, or 1%, to 24,964. The Nasdaq composite slipped 5 points, or 0.1%, to 7,234. Bond prices fell. The yield on the 10-year Treasury rose to 2.89%. (Read more stock market stories.)

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