Markets Right Now: Stocks end broadly lower on Wall Street

NEW YORK, N.Y. – The latest on developments in U.S. financial markets:

4:00 p.m.

U.S. stocks ended broadly lower after an up-and-down day marked by a deluge of earnings news.

Investors sold bonds Thursday, sending yields higher. That helping drive banks higher and high-dividend stocks like real estate companies and utilities lower.

Industrial companies like defence contractor Raytheon fell, but health care companies bucked the downward trend and ended higher.

Drugmaker Celgene jumped 6 per cent after reporting earnings that easily beat analysts’ forecasts.

The Dow Jones industrial average fell 29 points, or 0.2 per cent, to 18,169. The Standard & Poor’s 500 index slipped 6 points, or 0.3 per cent, to 2,133. The Nasdaq composite lost 34 points, or 0.7 per cent, to 5,215.

Bond prices fell. The yield on the 10-year Treasury note rose to 1.84 per cent.