Stocks Ended Mostly Lower, Tech Weighed on S&P 500 and Nasdaq
- Thursday, September 6, 2018, 16:39
- Stock Market
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U.S.stocks ended mostly lower on Thursday, with the S&P 500 and Nasdaq closing lower for third day in a row, as tech stocks stumbled on warnings from chipmakers and concerns about increased regulation of social media companies. The Dow Jones Industrial Average rose 20.88 points, or 0.08%, to 25,995.87. The S&P 500 lost 10.55 points, or 0.37%, to 2,878.05. The Nasdaq Composite dropped 72.45 points, or 0.91%, to 7,922.73.
Oil declined on Thursday, pressured by concerns over a potential decline in global demand on the back of the U.S. trade dispute with China and economic woes in emerging markets. October West Texas Intermediate crude lost 95 cents, or 1.4%, to settle at $67.77 a barrel. November Brent fell 77 cents, or 1%, to settle at $76.50 a barrel.
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