Don’t miss the latest developments in business and finance.

Wall Street ends lower as utilities weigh

Image
Reuters NEW YORK
Last Updated : Aug 20 2016 | 1:48 AM IST

NEW YORK (Reuters) - U.S. stocks closed slightly lower on Friday, led by declines in shares of utilities as investors weighed prospects for an interest rate increase in the coming months.

The Dow Jones industrial average fell 45.13 points, or 0.24 percent, to 18,552.57, the S&P 500 lost 3.15 points, or 0.14 percent, to 2,183.87 and the Nasdaq Composite dropped 1.77 points, or 0.03 percent, to 5,238.38.

(Reporting by Caroline Valetkevitch; Editing by James Dalgleish)

Also Read

First Published: Aug 20 2016 | 1:42 AM IST

Next Story