US stocks end lower after Dow flirts with record | Inquirer Business

US stocks end lower after Dow flirts with record

/ 06:45 AM March 01, 2013

Trader Donato Cuttone, right, works on the floor of the New York Stock Exchange Thursday, Feb. 28, 2013. The Dow Jones index flirted with an all-time high Thursday, but closed the day slightly in the red after a sell-off in the last 10 minutes. AP PHOTO/RICHARD DREW

NEW YORK—The Dow Jones index flirted with an all-time high Thursday, but closed the day slightly in the red after a sell-off in the last 10 minutes.

At the closing bell, the Dow Jones Industrial Average stood at 14,054.79, down 20.58 (0.15 percent).

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The Dow got as high as 14,149.15 at midday, not far from the all-time record of 14,164.53 of October 9, 2007.

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But the market retreated and then sold into negative territory in the waning minutes of the session.

The broad-based S&P 500 dropped 1.43 points (0.09 percent) to 1,514.56, while the tech-rich Nasdaq Composite Index fell 2.07 (0.07 percent) to 3,160.19.

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