Disappointing earnings from a range of companies pushed the stock market lower on Thursday, giving major indexes their third loss this week.
The stock prices of Morgan Stanley, UnitedHealth Group and others sank after they turned in weaker quarterly results. Prices of commodities held steady following a wild couple of days.
The Dow Jones industrial average fell 81.45, or 0.6 percent, to close at 14,537.14.
The Standard & Poor's 500 index lost 10.40 points, or 0.7 percent, to 1,541.61.
The Nasdaq composite fell 38.31 points, or 1.2 percent, to 3,166.36.
For the week:
The Dow is down 327.92 points, or 2.2 percent.
The S&P 500 is down 47.24 points, or 2.9 percent.
The Nasdaq is down 128.59 points, or 3.9 percent.
For the year:
The Dow is up 1,433.00 points, or 10.9 percent.
The S&P 500 is up 115.42 points, or 8.1 percent.
The Nasdaq is up 146.85 points, or 4.9 percent.
Source: http://news.yahoo.com/dow-jones-industrial-average-did-215644889.html
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