US Stocks Slide, First Decline for the Market This Week
- 7 years ago
US Stocks Slide, First Decline for the Market This Week
A slide in technology companies weighed on U. S. stocks Thursday, pulling the market
lower for the first time this week and erasing modest gains from a day earlier.
4-week moving average
Industrial stocks got a strong lift as investors bid up shares in airlines and other big companies.
Supermarket operators, beverage companies and other consumer-focused stocks also declined.
Financial stocks also got a boost Thursday.
The Russell 2000 index of smaller-company stocks gave up 1.24 points, or 0.1 percent, to 1,444.18.
The stock market was coming off modest gains on Wednesday following the latest policy update from the Federal Reserve.
A slide in technology companies weighed on U. S. stocks Thursday, pulling the market
lower for the first time this week and erasing modest gains from a day earlier.
4-week moving average
Industrial stocks got a strong lift as investors bid up shares in airlines and other big companies.
Supermarket operators, beverage companies and other consumer-focused stocks also declined.
Financial stocks also got a boost Thursday.
The Russell 2000 index of smaller-company stocks gave up 1.24 points, or 0.1 percent, to 1,444.18.
The stock market was coming off modest gains on Wednesday following the latest policy update from the Federal Reserve.