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Wall St dips on weakness in energy

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Reuters Delhi, India

NEW YORK (Reuters) - U.S. stocks dipped on Wednesday as weakness in energy and materials sectors weighed on indexes and as traders said there were unconfirmed rumors in the market that a troubled hedge fund was selling assets.

The Dow Jones industrial average dropped 16.03 points, or 0.11 percent, to 14,019.64. The Standard & Poor's 500 Index dropped 5.81 points, or 0.38 percent, to 1,525.13. The Nasdaq Composite Index dropped 13.82 points, or 0.43 percent, to 3,199.77.

(Reporting By Edward Krudy; Editing by Kenneth Barry)

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First Published: Feb 20 2013 | 10:06 PM IST

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