Markets Close Slightly Lower

Dow, S&P 500, Nasdaq all down
By Newser Editors and Wire Services
Posted Apr 29, 2016 3:20 PM CDT
Markets Close Slightly Lower
Traders Edward McCarthy, left, and Daniel Kryger work on the floor of the New York Stock Exchange, Thursday, April 28, 2016.   (AP Photo/Richard Drew)

Stocks are ending modestly lower on Wall Street after clawing back much of a steep loss from the middle of the day, the AP reports. Health care stocks led the way lower Friday as several companies turned in disappointing results. Health insurer Molina Healthcare plunged 19% after cutting its forecasts. The technology sector was also weak, continuing a recent trend. Apple fell another 1%, extending a two-week rout. Amazon soared 10% after reporting a big jump in revenue. The Dow Jones industrial average fell 57 points, or 0.3%, to 17,773. The Standard & Poor's 500 index lost 10 points, or 0.5%, to 2,065. The Nasdaq composite dropped 29 points, or 0.6%, to 4,775. (More Dow Jones stories.)

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