Markets Close Lower for 5th Consecutive Day

Dow, S&P 500, Nasdaq all slip
By Newser Editors and Wire Services
Posted Jun 15, 2016 3:16 PM CDT
Markets Close Lower for 5th Consecutive Day
Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Wednesday, June 15, 2016.   (AP Photo/Richard Drew)

Stocks extended a losing streak to five days after a decline in late afternoon trading erased an early gain, the AP reports. Utilities and health care stocks fell more than the rest of the market Wednesday. Edwards Lifesciences declined 3%. Whole Foods dropped 5% after the Food and Drug Administration said there were "serious violations" at a kitchen in Massachusetts that may have resulted in contaminated food. The Dow Jones industrial average fell 34 points, or 0.2%, to 17,640. The Standard & Poor's 500 index lost 3 points, or 0.2%, to 2,071. The Nasdaq composite gave up 8 points, or 0.2%, to 4,834. (Read more Dow Jones stories.)

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