Stocks edged lower on Wall Street as oil prices rose and more company earnings reports rolled in.
The S&P 500 fell 0.2% Thursday, and was just below the record it reached on Tuesday. The Dow Jones Industrial Average fell 0.9%, and the Nasdaq composite fell 0.1%.
Warner Bros. Discovery rose after reporting better-than-expected earnings. Honeywell Aerospace slumped after turning in results that fell well short of forecasts.
The price of Brent crude rose nearly 4%. Treasury yields moved higher in the bond market.
On Thursday:
The S&P 500 fell 13.59 points, or 0.2%, to 7,709.96.
The Dow Jones Industrial Average fell 464.02 points, or 0.9%, to 53,885.10.
The Nasdaq composite fell 15.09 points, or 0.1%, to 26,348.35.
The Russell 2000 index of smaller companies fell 17.64 points, or 0.6%, to 3,001.55
For the week:
The S&P 500 is up 220.24 points, or 2.9%.
The Dow is up 1,400.07 points, or 2.7%.
The Nasdaq is up 974.50 points, or 3.8%.
The Russell 2000 is up 70.21 points, or 2.4%.
For the year:
The S&P 500 is up 864.46 points, or 12.6%.
The Dow is up 5,821.81 points, or 12.1%.
The Nasdaq is up 3,106.36 points, or 13.4%.
The Russell 2000 is up 519.64 points, or 20.9%.
