Stocks close narrowly mixed in quiet pre-holiday trading
The American flag flies above the Wall Street entrance to the New York Stock Exchange on Nov. 13, 2015. Credit: AP / Richard Drew
Stocks ended pretty much where they started on Wall Street, leaving the market with a weekly loss for the first time since mid-February.
Banks and other financial companies fell Thursday, while telecommunications companies rose.
Wells Fargo gave up 2 percent, while JPMorgan Chase fell 1 percent.
In other trading, Sportsman’s Warehouse sank 11 percent after releasing a disappointing forecast.
The Dow Jones industrial average edged up 13 points, or 0.1 percent, to 17,515.
The Standard & Poor’s 500 index slipped a point to 2,035. The Nasdaq composite inched up four points to 4,773.
Trading was relatively quiet ahead of the Easter holiday weekend. U.S. markets will be closed Friday for the Good Friday holiday.
Bond prices fell. The yield on the 10-year Treasury note rose to 1.90 percent.
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