In this Wednesday, Oct. 24, 2012, photo, Specialists Jay Woods, left, and Donald Himpele work at the post that handles Bank of America on the floor of the New York Stock Exchange. Stock futures edged higher Thursday, Oct. 25, with some positive numbers coming out of the manufacturing sector and potentially more evidence of an improving jobs picture. (AP Photo/Richard Drew)
Dow eases back from near record as a rally fades
Published: 09:11:15 PM, Thu 28 February 2013 UTC
NEW YORK (AP) — An early rally has faded on Wall Street, pulling the Dow slightly lower and a bit further away from reaching a record.
The market was up for much of the day, then turned lower in the final minutes of trading.
The Dow Jones industrial average ended with a loss of 20 points, or 0.2 percent, at 14,054. That's 110 points below the record close it reached in October 2007. It came within 15 points of that level during the day Thursday.
The Standard & Poor's 500 index ended down a point, or 0.1 percent, at 1,514. The Nasdaq composite lost two points, or 0.1 percent, to close at 3,160.
Rising and falling stocks were about even on the New York Stock Exchange. Volume was average, 3.7 billion shares.
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