U.S. stocks closed lower a day after leaping back within a few good days’ worth of gains from their all-time high.
The S&P 500 fell 0.6 percent Wednesday after meandering between earlier gains and losses. The Dow Jones Industrial Average lost 0.6 percent, and the Nasdaq composite fell 0.5 percent.
Abercrombie & Fitch soared after its profit and revenue beat analysts’ expectations, while Macy’s swung between gains and losses despite likewise also delivering better results than expected.
On Wednesday:
The S&P 500 fell 32.99 points, or 0.6 percent, to 5,888.55.
The Dow Jones Industrial Average fell 244.95 points, or 0.6 percent, to 42,098.70.
The Nasdaq composite fell 98.23 points, or 0.5 percent, to 19,100.94.
The Russell 2000 index of smaller companies fell 22.60 points, or 1.1 percent, to 2,067.80.
For the week:
The S&P 500 is up 85.73 points, or 1.5 percent.
The Dow is up 495.63 points, or 1.2 percent.
The Nasdaq is up 363.73 points, or 1.9 percent.
The Russell 2000 is up 27.95 points, or 1.4 percent.
For the year:
The S&P 500 is up 6.92 points, or 0.1 percent.
The Dow is down 445.52 points, or 1 percent.
The Nasdaq is down 209.86 points, or 1.1 percent.
The Russell 2000 is down 162.36 points, or 7.3 percent.
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