Calm returned to the stock market Wednesday after two days of volatile trading.
The Standard & Poor’s 500 index traded within a range of about five points, or a quarter of a percentage point, then ended a fraction lower. Investors weighed a tepid hiring survey, some strong company earnings and falling oil prices
Losses for energy giant Exxon Mobil helped push the Dow Jones industrial average lower.
The Dow Jones industrial average fell 35.70 points, or 0.2 per cent, to 16,360.18.
The Standard & Poor’s 500 index dropped 0.1 points, or 0.01 per cent, to 1,873.81.
The Nasdaq composite rose six points, or 0.1 per cent, to 4,357.97.
For the week:
The Dow is up 38.47 points, or 0.2 per cent.
The S&P 500 is up 14.36 points, or 0.8 per cent.
The Nasdaq is up 49.86 points, or 1.2 per cent.
For the year so far:
The Dow is down 216.48 points, or 1.3 per cent.
The S&P 500 is up 25.45 points, or 1.4 per cent.
The Nasdaq is up 181.38 points, or 4.3 per cent.