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Wal-Mart, oil drag Wall Street after three-day rally

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Reuters NEW YORK
Last Updated : Feb 19 2016 | 2:48 AM IST

NEW YORK (Reuters) - Stocks closed lower on Wall Street on Thursday, ending a three-day winning streak, as Wal-Mart shares weighed on the market after a lacklustre earnings report and oil prices pulled back.

The Dow Jones industrial average fell 41.36 points, or 0.25 percent, to 16,412.47, the S&P 500 lost 9.05 points, or 0.47 percent, to 1,917.77 and the Nasdaq Composite dropped 46.53 points, or 1.03 percent, to 4,487.54.

(Reporting by Lewis Krauskopf; Editing by Chizu Nomiyama)

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First Published: Feb 19 2016 | 2:35 AM IST

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