Dow Ends Day Down 48

S&P 500, Nasdaq also down
By Newser Editors and Wire Services
Posted Oct 21, 2015 3:24 PM CDT
Dow Ends Day Down 48
Trader Daniel Kryger works on the floor of the New York Stock Exchange, Friday, Oct. 2, 2015.   (AP Photo/Richard Drew)

Stocks are closing lower after an early rally faded. The Dow Jones industrial average fell 48 points, 0.3%, to 17,168 Wednesday. The Standard & Poor's 500 index fell 11 points, or 0.6%, to 2,018. The Nasdaq composite fell 40 points, or 0.8%, to 4,840.

Energy stocks fell the most Wednesday as the price of oil tumbled 2% to $45 a barrel. Yahoo slumped 5% after reporting a sharp drop in a closely watched measure of revenue. Not all the earnings news was bad. General Motors rose 6% after reporting earnings that beat analysts' forecasts. Boeing rose 2%. Bond prices rose. The yield on the 10-year Treasury note fell to 2.03%. (Read more Dow Jones stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.