NEW YORK (February 7, 2013)—Stocks closed lower Thursday after a rally, which has pushed indexes close to record levels, stalled as weaker earnings and worries about Europe overshadowed signs of a healthier U.S. economy.
The Dow Jones industrial average lost 42 points to end the day at 13,944 Thursday, after falling as much as 134 points earlier.
The index has traded largely sideways this week, after logging its best January in almost two decades.
The Standard and Poor's 500 fell 3 points to close at 1,509.
The Nasdaq composite also dropped 3 points, to close at 3,165.
Decliner stocks outpaced advancing ones on the New York Stock Exchange where the volume of 3.53 billion shares was above average.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.