Stocls Ended Lower as Health Care and Utilities Slumped

U.S. stocks ended mostly lower on Thursday, giving back some of the previous day’s Federal Reserve-inspired gains as a fall for health-care and utilities stocks pushed the market into negative territory.The Dow Jones Industrial Average declined 15.55 points, or 0.07%, to 20,934.55. The S&P 500 was down 3.88 points, or 0.16%, to 2,381.38. The Nasdaq Composite finished up 0.71 point, or 0.01%, to 5,900.76.

Oil prices finished with a modest loss on Thursday as rising output from the U.S. remained a threat to efforts by other major producers to rebalance the market. West Texas Intermediate crude oil for April delivery edged down by 11 cents, or 0.2%, to settle at $48.75 a barrel.. May Brent crude shed 7 cents, or 0.1%, to $51.74 a barrel.

Shares of Oracle Corp. rocketed toward their highest price in more than two years Thursday after the software company said its cloud business would soon overtake its declining legacy business by revenue, easing concerns about a tumultuous transition.