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US Indexes End Choppy Day Slightly Lower

Dow slips 9 points
By Newser Editors and Wire Services
Posted Mar 28, 2018 3:14 PM CDT

(Newser) – Stock indexes ended a choppy day of trading slightly lower as the market struggled to find direction a day after another steep drop, the AP reports. Declines in technology stocks and retailers weighed on the market Wednesday, offsetting gains in health care and other sectors. Intel slumped 3.1%, and Amazon dropped 4.4% after Axios reported that President Donald Trump has wondered if there was a way to "go after" the company with antitrust or competition law. Lululemon Athletica rose sharply after reporting strong earnings. Tesla plunged 7.7% after Moody's downgraded its credit rating. The S&P 500 fell 7 points, or 0.3%, to 2,605. The Dow Jones industrial average slipped 9 points to 23,848. The Nasdaq slid 59 points, or 0.8%, to 6,949. (Read more stock market stories.)

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