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Dow Ends Day Down 39

S&P 500, Nasdaq also close lower
By Newser Editors and Wire Services
Posted Oct 22, 2019 3:04 PM CDT

(Newser) – Stocks are closing mostly lower on Wall Street after a day of wobbling back and forth as investors looked over some mixed news on corporate earnings, the AP reports. Health care and energy companies did well Tuesday, but losses in technology and communications companies checked those gains. Biogen soared 26% after the drug company said it would seek federal approval for a medicine to treat early Alzheimer's disease. Facebook gave up 3.9%. Travelers sank 8.3% after the insurance company reported earnings that fell far short of analysts' forecasts. The S&P 500 fell 10 points, or 0.4%, to 2,995. The Dow Jones Industrial Average fell 39 points, or 0.1%, to 26,788. The Nasdaq fell 58 points, or 0.7%, to 8,104. (Read more stock market stories.)

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