Light Rain
35°FLight Rain Full Forecast

U.S. stocks end a back-and-forth day with a loss

Published: Wednesday, Feb. 19, 2014 4:40 p.m. CST

NEW YORK (AP) — Stocks are ending lower after a choppy day as investors react to news that the Federal Reserve will likely continue to pare back its economic stimulus.

Netflix fell on reports that the video-streaming company is in a dispute with Verizon and other broadband carriers over the cost of carrying Netflix's programming.

Major indexes bobbed between slight gains and losses for much of the day, then turned lower in the last hour of trading.

The Dow Jones industrial average lost 89 points, or 0.6 percent, to close at 16,040 Wednesday.

The Standard & Poor's 500 index fell 12 points, or 0.7 percent, to 1,828. The Nasdaq composite fell 34 points, or 0.8 percent, to 4,237.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.73 percent.

Get breaking and town-specific news sent to your phone. Sign up for text alerts from the Northwest Herald.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Reader Poll

How would you grade Bears quarterback Jimmy Clausen's performance?
A
B
C
D
F