Stocks edged mostly lower Wednesday, breaking a six-day winning streak, as investors were disappointed by the latest round of earnings from U.S. companies. A surprise drop in new home sales also weighed on the broader market.
The Dow Jones industrial average fell 12.72 points, or 0.1 percent, to 16,501.65.
The Standard & Poor’s 500 index lost 4.16 points, or 0.2 percent, to 1,875.39.
The Nasdaq composite fell 34.49 points, or 0.8 percent, to 4,126.97.
For the week:
The Dow Jones industrial average rose 93.11 points, or 0.6 percent.
The Standard & Poor’s 500 index gained 10.54 points, or 0.6 percent.
The Nasdaq composite added 31.45 points, or 0.8 percent.
For the year:
The Dow is down 75.01 points, or 0.5 percent.
The S&P 500 index is up 27.03 points, or 1.5 percent.
The Nasdaq composite is down 49.62 points, or 1.2 percent.