Stocks Surge, Then Retreat

NEW YORK (November 18, 2013) Stocks ended mostly lower Monday after the market reached two major milestones earlier in the day.

The Standard & Poor's 500 index closed with a modest loss after crossing 1,800 for the first time Monday and the Dow Jones industrial average also reached 16,000 for the first time.

Neither index closed above those levels, however.

The S&P 500 fell six points, of 0.4 percent, to close at 1,791.

The Dow edged up 14 points, or 0.1 percent, to end at 15,976.

The Nasdaq composite gave up 37 points, or 0.9 percent, to close at 3,949.

Boeing rose after getting a large number of orders at the Dubai Airshow.

The yield on the 10-year Treasury note fell to 2.67 percent.

Three stocks fell for every two that rose on the New York Stock Exchange.


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