Stocks on Wall Street lost ground again Thursday, though the major indexes remained on pace for a weekly gain after a strong two-day rally earlier this week.
The S&P 500 fell 0.8 percent. Nearly three-fourths of the stocks in the benchmark index closed in the red, with retailers, banks and industrial companies among the biggest weights. The Dow Jones Industrial Average slipped 0.3 percent and the Nasdaq composite fell 0.6 percent. Small company stocks fell more than the broader market, pulling the Russell 2000 index 1.2 percent lower.
