Dow Falls 100+ for 2nd Straight Day

Nasdaq manages to inch up
By Newser Editors and Wire Services
Posted Jan 31, 2017 3:22 PM CST
Dow Falls 100+ for 2nd Straight Day
Trader Michael Milano works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew)

A late afternoon pickup in health care companies erased much of an early loss on Wall Street and left major indexes mixed at the close, reports AP. The market got off to a downbeat start Tuesday following weak results from several big companies, including UPS and Harley-Davidson. A late gain in drugmakers and other health care stocks left broad market indicators little changed on the day. The Standard & Poor's 500 index ended down 2 points, or 0.1%, at 2,278. It had been down 13 points earlier. The Nasdaq composite edged up 1 point, less than 0.1%, at 5,614. The Dow Jones industrial average fell 107 points, or 0.5%, to 19,864, held back by losses in Goldman Sachs, Boeing, and IBM. (More stock market stories.)

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