Stocks Shake Off Early Loss, End Mixed

S&P 500, Dow close lower; Nasdaq edges up
By Newser Editors and Wire Services
Posted Feb 27, 2019 3:18 PM CST
In this Feb. 15, 2019, file photo traders Patrick Casey, left, and Sal Suarino work on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks recovered most of an early loss and drifted to a mixed finish on Wall Street as gains for banks and industrial companies were offset by losses elsewhere in the market, the AP reports. Capital One Financial rose 1.7% Wednesday, and Boeing climbed 2%. UnitedHealth Group fell 4.9%. The market slumped in the early going after a key US trade representative heightened doubt over how much progress was being made in trade talks between the U.S. and China. The S&P 500 fell 1 point, less than 0.1%, to 2,792. The Dow Jones Industrial Average lost 72 points, or 0.3%, to 25,985. The Nasdaq edged up 5 points, or 0.1%, to 7,554. (Read more stock market stories.)

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