Dow Ends Day Down 99

Stock market sees a mixed finish
By Newser Editors and Wire Services
Posted Feb 10, 2016 3:17 PM CST
Dow Ends Day Down 99
Jonathan Niles, foreground right, works at the New York Stock Exchange, Tuesday, Feb. 9, 2016.   (AP Photo/Mark Lennihan)

An early rally on the stock market was mostly gone by the closing bell, leaving indexes with a mixed finish after being up most of the day. The Dow Jones industrial average lost 99 points Wednesday, or 0.6%, to 15,914. The Standard & Poor's 500 index slipped a fraction of point to 1,851. The Nasdaq climbed 14 points, or 0.4%, to 4,283.

Materials and energy companies fell more than the rest of the market Wednesday. Murphy Oil sank 6%. Several media companies slumped. Disney helped drag the Dow lower after reporting that its cash-cow sports network ESPN had hit a soft patch. Traders were encouraged to hear Federal Reserve Chair Janet Yellen say that the central bank will be cautious about raising interest rates. (More Dow Jones stories.)

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