Stocks marginally lower ahead of holiday break

Stocks ended a quiet, fitful session in New York with narrow losses today as investors, not consoled by new signs of a slowing…

Stocks ended a quiet, fitful session in New York with narrow losses today as investors, not consoled by new signs of a slowing economy, focused instead on the prospect of higher interest rates.

The Dow Jones industrial average fell 24.68 to 10,299.24. The Nasdaq composite index slipped 0.24 to 3,205.11. The Standard and Poor's 500 fell 3.50 to 1,378.02.

Advancing issues outnumbered decliners by a 10-to-9 margin on the New York Stock Exchange, with 1,503 up, 1,389 down and 481 unchanged.

NYSE volume totalled 719.88 million shares, against 970.48 million in the previous session.

The Russell 2000 index of smaller companies fell 1.41 to 454.76.

Broader stock indicators were mixed.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective