NEW YORK, N.Y. – Stocks fell Thursday after a mixed set of earnings reports put at least a temporary halt to the market’s record-setting run. Airlines had some of the sharpest drops on worries that falling fares will hurt their profits.
The Dow Jones industrial average fell 77.80, or 0.4 per cent, to 18,517.23.
The Standard & Poor’s 500 index lost 7.85 points, or 0.4 per cent, to 2,165.17.
The Nasdaq sank 16.03 points, or 0.3 per cent, to 5,073.90.
For the week:
The Dow is up 0.68 points, or less than 0.1 per cent.
The S&P 500 is up 3.43 points, or 0.2 per cent.
The Nasdaq is up 44.31 points, or 0.9 per cent.
For the year:
The Dow is up 1,092.20 points, or 6.3 per cent.
The S&P 500 is up 121.23 points, or 5.9 per cent.
The Nasdaq is up 66.49 points, or 1.3 per cent.