» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X

Forgot your password?
Skip Navigation LinksHome > Article
VOL. 38 | NO. 12 | Friday, March 21, 2014

An early gain fades on Wall Street

Print | Front Page | Email this story

NEW YORK (AP) — Stocks are closing slightly lower after an early rally faded away.

Health care stocks fell the most. Security software maker Symantec plunged after firing its CEO, and Nike fell after warning of softer sales.

The Standard & Poor's 500 lost five points, or 0.3 percent, to close at 1,866 Friday.

The Dow Jones industrial average fell almost 26 points, or 0.2 percent, to 16,305. The Nasdaq composite dropped 42 points, or 1 percent, to 4,276.

Biotech companies fell after lawmakers questioned the pricing of a Hepatitis C drug made by Gilead Sciences. Gilead lost 5 percent and Biogen Idec fell 8 percent.

Bond prices rose. The yield on the 10-year government fell to 2.74 percent.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0