S&P 500 ends lower, snapping 4-day winning streak | Inquirer Business

S&P 500 ends lower, snapping 4-day winning streak

/ 06:40 AM June 11, 2014

The Standard & Poor’s 500 index ended lower Tuesday, June 10, 2014, after rising four days in a row. AP

NEW YORK—The Standard & Poor’s 500 index ended lower after rising four days in a row.

The index fell half a point, or 0.02 percent, to close at 1,950 on Tuesday, losing ground for just the second day this month.

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The Dow Jones industrial average rose 2.82 points, or 0.02 percent, to 16,945. The Nasdaq composite gained 1.75 points, or 0.04 percent, to 4,338.

FEATURED STORIES

RadioShack fell 16 cents, or 10 percent, to close at $1.38 after the retailer reported a deeper loss than analysts had expected. Sales also slumped.

MetLife Inc.’s stock rose 39 cents, or 0.7 percent, to $55.05 after the insurer said Tuesday that it plans to buy its own shares for the first time in about six years.

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