Major U.S. stock indexes closed with mixed results Wednesday as a pullback in utilities and real estate companies kept gains elsewhere in the market in check.
The S&P 500 posted a gain of 0.1% to 4,167, after having been up 0.6% earlier in the day. The Dow Jones Industrial Average rose 97 points, or 0.3%, to 34,230, but the Nasdaq Composite dropped 0.4% after shedding an earlier gain.
Financial stocks were among the winners. JPMorgan Chase rose 1.3%. Energy companies also climbed. Exxon Mobil rose 3%..
On Wednesday:
The S&P 500 rose 2.93 points, or 0.1%, to 4,167.59.
The Dow Jones Industrial Average rose 97.31, or 0.3%, to 34,230.34.
The Nasdaq fell 51.08 points, or 0.4%, to 13,582.42.
The Russell 2000 index of smaller companies fell 6.92 points, or 0.3% to 2,241.37.
For the week:
The S&P 500 is down 13.58 points, or 0.3%.
The Dow is up 355.49 points, or 1%.
The Nasdaq is down 380.25 points, or 2.7%.
The Russell 2000 is down 25.08 points, or 1.1%.
For the year:
The S&P 500 is up 411.52 points, or 11%.
The Dow is up 3,623.86 points, or 11.8%.
The Nasdaq is up 694.14 points, or 5.4%.
The Russell 2000 is up 266.51 points, or 13.5%.
Before you consider HCSB Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HCSB Financial wasn't on the list.
While HCSB Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
