Stocks Close Down After A Choppy Day

NEW YORK (February 25, 2014) Major indexes moved between small gains and losses for much of the day and then drifted steadily lower in the last hour of trading Tuesday after traders were discouraged by a surprisingly large drop in consumer confidence in February.

The worst drops were in areas affected by the extreme cold weather and storms of the past few weeks.

The Standard & Poor's 500 index declined two points, or 0.1 percent, to close at 1,845.

The Dow Jones industrial average fell 27 points, or 0.2 percent, to end at 16,179.

The Nasdaq composite fell five points, or 0.1 percent, to close at 4,287.

Tenet Healthcare fell 9 percent after the hospital management company reported a loss in the fourth quarter.


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