southtownstar
OMINOUS 
Weather Updates

US stocks end a back-and-forth day with a loss

Stocks ended lower after choppy day as investors react news thFederal Reserve will likely continue pare back its economic stimulus.

Stocks ended lower after a choppy day as investors react to news that the Federal Reserve will likely continue to pare back its economic stimulus. | AP file photo

storyidforme: 62323773
tmspicid: 22473891
fileheaderid: 10780887

Updated: February 19, 2014 3:34PM



NEW YORK — Stocks ended lower after a choppy day as investors react to news that the Federal Reserve will likely continue to pare back its economic stimulus.

Netflix fell on reports that the video-streaming company is in a dispute with Verizon and other broadband carriers over the cost of carrying Netflix’s programming.

Major indexes bobbed between slight gains and losses for much of the day, then turned lower in the last hour of trading.

The Dow Jones industrial average lost 89 points, or 0.6 percent, to close at 16,040 Wednesday.

The Standard & Poor’s 500 index fell 12 points, or 0.7 percent, to 1,828. The Nasdaq composite fell 34 points, or 0.8 percent, to 4,237.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.73 percent.



© 2014 Sun-Times Media, LLC. All rights reserved. This material may not be copied or distributed without permission. For more information about reprints and permissions, visit www.suntimesreprints.com. To order a reprint of this article, click here.