Stocks dipped Thursday after the U.S. government said economic growth slowed in the third quarter as businesses cut production and drew down their inventories.
For the day:
The Dow Jones industrial average lost 23.72 points, or 0.1 per cent, to 17,755.80.
The Standard & Poor’s 500 index dipped 0.94 point, less than 0.1 per cent, to 2,089.41.
The Nasdaq composite index sank 21.42 points, or 0.4 per cent, to 5,074.27.
For the week:
The Dow Jones industrial average has added 109.10 points, or 0.6 per cent.
The S&P 500 has picked up 14.26 points, or 0.7 per cent.
The Nasdaq has gained 42.41 points, or 0.8 per cent.
For the year:
The Dow is down 67.27 points, or 0.4 per cent.
The S&P is up 30.51 points, or 1.5 per cent.
The Nasdaq is up 338.22 points, or 7.1 per cent.