Stocks ended lower on Wall Street Wednesday, weighed down by mixed corporate earnings from big retailers and uncertainty over the trade dispute between the U.S. and China.
Lowe’s and Nordstrom slumped on disappointing quarterly results. Target surged after delivering a strong quarterly report. Chipmakers and other technology stocks also dragged down the market, continuing a pattern of volatile trading as trade tensions have escalated.
The S&P 500 index fell 8.09 points, or 0.3%, to 2,856.27.
The Dow Jones Industrial Average lost 100.72 points, or 0.4%, to 25,776.61.
The Nasdaq composite slid 34.88 points, or 0.5%, to 7,750.84.
The Russell 2000 index of small company stocks gave up 13.62 points, or 0.9%, to 1,531.63.
For the week:
The S&P 500 is down 3.26 points, or 0.1%.
The Dow is up 12.61 points, or 0.1%.
The Nasdaq is down 65.44 points, or 0.8%.
The Russell 2000 is down 4.14 points, or 0.3%.
For the year:
The S&P 500 is up 349.42 points, or 13.9%.
The Dow is up 2,449.15 points, or 10.5%.
The Nasdaq is up 1,115.57 points, or 16.8%.
The Russell 2000 is up 183.07 points, or 13.6%.
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