Mixed Finish for US Stocks

Stocks are closing mostly lower on Wall Street after a big rally the day before, the AP reports. Energy companies fell again Thursday as price of oil entered a bear market with a decline of 20.6% from its peak in early October. Oil prices have been falling as traders worry about rising supplies. Chipmaker Qualcomm dropped 8.2% after giving a disappointing revenue forecast. Markets didn't react much to the Federal Reserve's decision to hold interest rates steady. The S&P 500 index fell 7 points, or 0.3%, to 2,806. It rose 2.1% a day earlier. The Dow Jones Industrial Average edged up 10 points to 26,191. The Nasdaq fell 39 points, or 0.5%, to 7,530. (Read more stock market stories.)