NEW YORK, N.Y. – U.S. stocks gave up early gains to finish lower Wednesday as energy companies sank with the price of oil and weak quarterly reports weighed down technology companies.
The Dow Jones industrial average lost 48.90 points, or 0.3 per cent, to 17,780.83.
The Standard & Poor’s 500 index slipped 3.45 points, or 0.2 per cent, to 2,085.45.
The Nasdaq composite shed 10.44 points, or 0.2 per cent, to 4,833.32.
For the week:
The Dow is up 105.67 points, or 0.6 per cent.
The S&P 500 is up 14.23 points, or 0.7 per cent.
The Nasdaq is up 32.98 points, or 0.7 per cent.
For the year:
The Dow is up 355.80 points, or 2 per cent.
The S&P 500 is up 41.51 points, or 2 per cent.
The Nasdaq is down 174.09 points, or 3.5 per cent.