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US Stocks See Mixed Finish

Dow edges up, other indexes end the day lower
By Newser Editors and Wire Services
Posted May 3, 2018 3:19 PM CDT
US Stocks See Mixed Finish
The screen of trader Edward Curran's handheld device is reflected in his glasses as he works on the floor of the New York Stock Exchange, Thursday, May 3, 2018. U.S. stocks are falling Thursday morning as the market continues a sell-off that began late the previous day.   (AP Photo/Richard Drew)

(Newser) – Losses for health care companies and banks left stocks lower, although a late push for technology and industrial companies helped the market avoid a steeper decline, the AP reports. The Dow Jones industrial average managed a tiny gain, thanks to a rise in Boeing, erasing an earlier loss of 393 points. AIG slumped 5.3% and prescription drug distributor Cardinal Health plunged 21.4%. Tesla fell 5.5% after reporting a big loss. Investors were puzzled when CEO Elon Musk mocked questions from analysts during the company's conference call. The S&P 500 index slid 5 points, or 0.2%, to 2,629. The Dow edged up 5 points to 23,930. The Nasdaq fell 12 points, or 0.2%, to 7,088. (Read more stock market stories.)

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