Dow Ends Day Down 183

US stocks move broadly lower to start holiday-shortened week
By Newser Editors and Wire Services
Posted Dec 30, 2019 3:16 PM CST
In this Dec. 5, 2019, file photo trader James MacGilvray works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks are closing broadly lower on Wall Street as the market gives back some of its recent gains, the AP reports. The benchmark S&P 500 index is coming off five straight weeks of gains and multiple all-time highs. It's on track to end the month 2.6% higher. Technology, health care and communication services companies led the selling. Utilities held up the best. The S&P 500 fell 18 points, or 0.6%, to 3,221. The Dow Jones Industrial Average fell 183 points, or 0.6%, to 28,462. The Nasdaq gave up 60 points, or 0.7%, to 8,945. Bond prices fell. The yield on the 10-year Treasury rose to 1.89% (Read more stock market stories.)

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