Stocks End Little Changed After Early Rally Wanes

Dow ends day down 52
By Newser Editors and Wire Services
Posted Sep 19, 2019 3:15 PM CDT
Floor governor Michael Smyth works at the New York Stock Exchange, Wednesday, Sept. 18, 2019.   (AP Photo/Mark Lennihan)

(Newser) – Stocks are sputtering at the close on Wall Street Thursday after an early rally fizzled, the AP reports. The Dow Jones Industrial Average fell 52 points, or 0.2%, to 27,094, while the S&P 500 was essentially flat at 3,006. Banks and industrial companies were the biggest decliners. Comerica dropped 1.4% and Southwest Airlines slipped 2%. Health care and technology stocks led the winners. Microsoft rose 1.8% after announcing a buyback and dividend increase. Merck rose 1.1%. The gains for tech stocks helped the Nasdaq finish with a gain of 5 points, or 0.1%, at 8,182. US Steel dropped 11.2% after it warned investors that its third quarter loss will be wider than anticipated. (Read more stock market stories.)

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