NEW YORK (AP) -- U.S. stocks are mostly lower as investors pick over minutes from the Federal Reserve's latest policy meeting and look ahead to the beginning of corporate earnings reports.
The Dow Jones industrial average lost 68 points, or 0.4 percent, to close at 16,462 Wednesday.
The Standard & Poor's 500 index fell a fraction to 1,837. The Nasdaq composite was up 12 points, 0.3 percent, at 4,165.
Telecommunications stocks fell the most. Health care stocks rose.
Trading is getting off to a slow start at the beginning of the year. Investors are looking ahead to the government's monthly jobs report Friday. Chevron and Alcoa release their results on Thursday.
Bond prices fell. The yield on the 10-year Treasury note rose to 3 percent.
Comments are moderated by SDDT, in accordance with the SDDT Comment Policy, and may not appear on this commentary until they have been reviewed and deemed appropriate for posting. Also, due to the volume of comments we receive, not all comments will be posted.
SDDT Comment Policy: SDDT encourages you to add a comment to this discussion. You may not post any unlawful, threatening, defamatory, obscene, pornographic or other material that would violate the law. All comments should be relevant to the topic and remain respectful of other authors and commenters. You are solely responsible for your own comments, the consequences of posting those comments, and the consequences of any reliance by you on the comments of others. By submitting your comment, you hereby give SDDT the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying and other information you provide via all forms of media now known or hereafter devised, worldwide, in perpetuity. SDDT Privacy Statement.
All contents herein copyright San Diego Source ® 1994-2016