Markets Dip in Light Trading

Dow was down 59 points
By Newser Editors and Wire Services
Posted Apr 12, 2017 3:34 PM CDT
Markets Dip in Light Trading
Trader Michael Milano, right, works on the floor of the New York Stock Exchange, Tuesday, April 4.   (AP Photo/Richard Drew)

Industrial companies led US stocks modestly lower on Wall Street Wednesday, per the AP. General Electric, for example, fell 1%. Consumer goods makers bucked the downward trend and moved higher: PepsiCo gained 1.7%. Trading was generally subdued ahead of the Easter holiday weekend. The Standard & Poor's 500 index fell 8 points, or 0.4%, to 2,344. The Dow Jones industrial average lost 59 points, or 0.3%, to 20,591, and the Nasdaq composite declined 30 points, or 0.5%, to 5,836. Bond prices rose, while the yield on the 10-year Treasury note fell to 2.28%. US markets will be closed Friday for the Good Friday holiday. (More Dow Jones stories.)

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.