Stocks Close Mostly Lower on Wall Stree

(AP) -- The latest on developments in financial markets (All times local):

4:00 p.m.

Stocks are ending mostly lower as declines in banks and industrial stocks outweigh gains in other sectors.

General Electric dropped 2.1 percent Friday, while Wells Fargo lost 1.3 percent.

Nordstrom became the latest department store operator to turn in disappointing results. The company's stock plunged 10.9 percent.

The Standard & Poor's 500 index fell 3 points, or 0.2 percent, to 2,390.

The Dow Jones industrial average lost 23 points, or 0.1 percent, to 20,896. The Nasdaq composite edged up 5 points, or 0.1 percent, to 6,121.

Small-company stocks fell more than the rest of the market. The Russell 2000 index dropped 7 points, or 0.5 percent, to 1,382.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.33 percent.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.33 percent.

(KA)

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