The Dow Jones industrial average fell for a fifth straight day on Thursday after encouraging news on the economy prompted investors to speculate that the Federal Reserve is getting closer to reducing its stimulus program.
The Dow Jones industrial average edged lower on Wednesday, continuing its sluggish start to the month. Stocks fell as investors weighed conflicting economic reports and assessed the outlook for the Federal Reserve's economic stimulus program.
Upbeat news from the housing industry and luxury retailer Tiffany & Co. nudged the stock market higher Tuesday. Investors also got another market milestone when the Nasdaq composite closed above the 4,000-point mark for the first time in 13 years.
The easiest and most accurate way to answer that question is simply by looking at the price action of the S&P 500. After all, the price of the market is determined by the aggregate opinion of every investor around the globe.
U.S. Stocks ended mostly lower after the market reached two major milestones earlier in the day. The Dow Jones industrial average closed with small gain Monday after striking a record high as the Nasdaq Composite Index and the Standard & Poor's 500 ...