U.S. stocks ended a wobbly day mostly lower in what has been a rocky week because of worries coming out of the bond market about the U.S. government’s mounting debt.
The S&P 500 slipped less than 0.1 percent Thursday. The Dow Jones Industrial Average was little changed, and the Nasdaq composite rose 0.3 percent.
Treasury yields were also holding a bit steadier in the bond market, but only after oscillating earlier in the morning after the House of Representatives approved a bill that would cut taxes and could add trillions of dollars to the U.S. debt.
On Thursday:
The S&P 500 fell 2.60 points, less than 0.1 percent, to 5,842.01.
The Dow Jones Industrial Average slipped 1.35 points, less than 0.1 percent, to 41,859.09.
The Nasdaq composite rose 53.09 points, or 0.3 percent, to 18,925.73.
The Russell 2000 index of smaller companies fell 0.99 points, less than 0.1 percent, to 2,045.56.
For the week:
The S&P 500 is down 116.37 points, or 2 percent.
The Dow is down 795.65 points, or 1.9 percent.
The Nasdaq is down 285.37, or 1.5 percent.
The Russell 2000 is down 67.69 points, or 3.2 percent.
For the year:
The S&P 500 is down 39.62 points, or 0.7 percent.
The Dow is down 685.13 points, or 1.6 percent.
The Nasdaq is down 385.06, or 2 percent.
The Russell 2000 is down 184.59 points, or 8.3 percent.
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