NEW YORK, N.Y. – U.S. stocks slipped Tuesday as investors continued to sell phone company and utility shares. Energy companies rose with the price of oil, but stocks have been locked in an up-and-down pattern for more than a week.
The Dow Jones industrial average sank 84.03 points, or 0.5 per cent, to 18,552.02.
The Standard & Poor’s 500 index lost 12 points, or 0.5 per cent, to 2,178.15.
The Nasdaq composite declined 34.90 points, or 0.7 per cent, to 5,227.11.
For the week:
The Dow is down 24.45 points, or 0.1 per cent.
The S&P 500 is down 5.90 points, or 0.3 per cent.
The Nasdaq is down 5.78 points, or 0.1 per cent.
For the year:
The Dow is up 1,126.99 points, or 6.5 per cent.
The S&P 500 is up 134.21 points, or 6.6 per cent.
The Nasdaq is up 219.70 points, or 4.4 per cent.