U.S. stocks closed slightly lower Wednesday, following some rare earnings disappointments.
Small-company stocks fell more than the rest of the market. Consumer-focused companies and banks were among the biggest decliners.
Investors kept a wary eye on escalating tensions between the U.S. and North Korea. Gold prices rose.
The Standard & Poor’s 500 index slipped 0.90 points, or 0.04 per cent, to 2,474.02.
The Dow lost 36.64 points, or 0.2 per cent, to 22,048.70.
The Nasdaq composite slid 18.13 points, or 0.3 per cent, to 6,352.33.
The Russell 2000 index of smaller companies shed 13.20 points, or 0.9 per cent, to 1,396.95.
For the week:
The S&P 500 is down 2.81 points, or 0.1 per cent.
The Dow is down 44.11 points, or 0.2 per cent.
The Nasdaq is up 0.77 points, or 0.01 per cent.
The Russell 2000 is down 15.37 points, or 1.1 per cent.
For the year:
The S&P 500 is up 235.19 points, or 10.5 per cent.
The Dow is up 2,286.10 points, or 11.6 per cent.
The Nasdaq is up 969.21 points, or 18 per cent.
The Russell 2000 is up 39.82 points, or 2.9 per cent.
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