Dow Slips 22

S&P 500, Nasdaq also close lower
By Newser Editors and Wire Services
Posted Oct 16, 2019 3:00 PM CDT
Dow Slips 22
In this Oct. 7, 2019, file photo traders Ashley Lara and John Santiago confer as they work on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

Stocks are closing mostly lower on Wall Street as losses for technology and energy companies offset gains in other sectors, the AP reports. slumped 3.8% Wednesday and Exxon Mobil gave up 1.7%. Homebuilders benefited from a surprisingly good survey on sales. Lennar jumped 2.4%. General Motors rose 1.1% after the automaker and the United Auto Workers reached a tentative deal to end a monthlong strike. The S&P 500 slipped 5 points, or 0.2%, to 2,989. The Dow Jones Industrial Average fell 22 points, or 0.1%, to 27,001. The Nasdaq fell 24 points, or 0.3%, to 8,124. Small-company stocks rose. (Read more stock market stories.)

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