News

Stocks end mostly lower in US after a day of wavering between small gains and losses

NEW YORK, N.Y. – Stocks are ending mostly lower as traders considered some corporate earnings and deal news.

The Dow Jones industrial average lost seven points, less than 0.1 per cent, to 18,060 Wednesday.

The Standard & Poor’s 500 index fell less than a point to 2,098.

The Nasdaq composite edged up five points, or 0.1 per cent, to 4,981.

It was the third straight loss for the Dow and S&P 500.

Owens-Illinois jumped 9 per cent after saying it would buy a glass container business from the Mexican company Vitro.

DuPont sank 7 per cent after billionaire investor Nelson Peltz’s Trian Fund lost a proxy fight against the chemical maker.

Crude oil declined 25 cents to $60.50 a barrel in New York.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.28 per cent.