Stocks Ended Slightly Lower as Banks Weighed

U.S. stocks ended slightly lower on Thursday as investors parsed the first of a batch of third-quarter corporate results from the banking sector. The Dow Jones Industrial Average fell 31.88 points, or 0.14%, to 22,841.01. The S&P 500 lost 4.31 points, or 0.17%, to 2,550.93. The Nasdaq Composite dropped 12.04 points, or 0.18%, to 6,591.51.

Oil prices fell Thursday, after the International Energy Agency reported a monthly rise in global crude supplies, but finished off the session’s lows as a U.S. government report showed that domestic crude stockpiles fell for a third week in a row. November West Texas Intermediate crude fell 70 cents, or 1.4%, to settle at $50.60 a barrel. December Brent crude settled down 69 cents, or 1.2%, to $56.25 a barrel.

AT&T Inc’s third-quarter video losses sent pay-TV industry shares down on Thursday. It lost 90,000 U.S. video subscribers in the quarter due to intense competition in traditional pay TV markets and the impact of the recent hurricanes.