Banks, Energies Pull Stocks Lower
Banks, Energies Pull Stocks Lower
(AP) -- A seven-day winning streak for stocks came to a quiet end Tuesday as banks, especially smaller ones, dropped along with bond yields and interest rates. Energy companies also sank.
On Tuesday:
The Standard & Poor's 500 index sank 2.91 points, or 0.1 percent, to 2,412.91.
The Dow Jones industrial average gave up 50.81 points, or 0.2 percent, to 21,029.47.
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The Nasdaq composite slid 7 points, or 0.1 percent, to 6,203.19.
The Russell 2000 index of small-company stocks skidded 11.05 points, or 0.8 percent, to 1,371.19.
For the year:
The S&P 500 is up 174.08 points, or 7.8 percent.
The Dow is up 1,266.87 points, or 6.4 percent.
The Nasdaq is up 820.07 points, or 15.2 percent.
The Russell 2000 is up 14.06 points, or 1 percent.
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