Bank, Energy Stocks Crimp the Dow

Index falls 74
By Newser Editors and Wire Services
Posted Aug 9, 2018 3:23 PM CDT
Bank, Energy Stocks Crimp the Dow
Trader Gregory Rowe works on the floor of the New York Stock Exchange Thursday, Aug. 9, 2018.   (AP Photo/Richard Drew)

Stocks struggled to a mostly lower finish on Wall Street as losses for banks and energy stocks offset gains elsewhere in the market. The Dow Jones Industrial Average fell 74 points, or 0.3%, to 25,509, while the Nasdaq composite rose 3 points to 7,891, and the S&P 500 index fell 4 points to 2,853, per the AP. Among notable stocks, Bank of New York Mellon lost 1.6% Thursday and Chevron gave up 1.1%. Yelp jumped 26.7% after raising its revenue forecast, but Rite Aid slumped 11.5% after calling off its sale to the grocery chain Albertsons.

(Read more stock market stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.