U.S. stocks closed mostly lower on Wednesday as traders considered weak retail sales data and some corporate earnings and deal news. Major indexes mostly drifted between small gains and losses. Technology stocks rose, sending the Nasdaq higher.
The Dow Jones industrial average dropped 7.74 points, or 0.04 per cent, to 18,060.49.
The Standard & Poor’s 500 index slid 0.64 points, or 0.03 per cent, to 2,098.48.
The Nasdaq composite rose 5.50 points, or 0.1 per cent, to 4,981.69.
For the week:
The Dow is down 130.62 points, or 0.7 per cent.
The S&P 500 index is down 17.62 points, or 0.8 per cent.
The Nasdaq is down 21.86 points, or 0.4 per cent.
For the year:
The Dow is up 237.42 points, or 1.3 per cent.
The S&P 500 index is up 39.58 points, or 1.9 per cent.
The Nasdaq is up 245.64 points, or 5.2 per cent.