NEW YORK (AP) Major US stock indexes ended slightly lower, led by declines in banks and energy stocks.
High-dividend stocks like utilities, real estate investment trusts and phone companies rose Thursday as bond yields fell.
Sears jumped 10 percent after the struggling retailer said it had secured a new line of credit.
Trading was subdued ahead of the New Year's Day holiday.
The Dow Jones industrial average gave back 13 points, or 0.1 percent, to 19,819.
The Standard & Poor's 500 index fell a fraction to 2,249.
The Nasdaq composite slipped 6 points, or 0.1 percent, to 5,432.
Small-company stocks fared better than the rest of the market.
The Russell 2000 edged higher.
Bond prices rose.
The yield on the 10-year Treasury note fell to 2.48 percent.