US stocks fall slightly on lower oil, mixed earnings news
Source: AP-Excite
By BERNARD CONDON
NEW YORK (AP) — The stock market capped a quiet week of trading on a down note.
Major indexes fell from the start on Friday as oil drillers and other energy-related companies followed oil prices lower. Stocks spent much of the rest of the day drifting between losses and gains as investors considered a mixed bag corporate earnings and a slight increase in inflation.
The Standard & Poor's 500 index closed down 4.76 points, or 0.2 percent, to 2,126.06. The Dow Jones industrial average fell 53.72 points, or 0.3 percent, to 18,232.02. The Nasdaq composite edged down 1.43 points to 5,089.36.
Trading was light ahead of the Memorial Day weekend in the U.S. Just 2.5 billion shares changed hands on the New York Stock Exchange, three-quarters of the normal level.
FULL story at link.
FILE - In this Aug. 8. 2011, file photo, a Wall Street sign hangs near the New York Stock Exchange. Stocks slipped in early trading Friday, May 22, 2015, as energy companies fell along with the price of oil. (AP Photo/Jin Lee, File)
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