Stocks close with losses for second day
Stocks are struggling Tuesday, Sept. 9, 2014. New York Stock Exchange traders concentrate on the job on Sept. 5, 2014, at the end of a rally that sent the Standard & Poor's 500 index to a record. Credit: Getty Images / Andrew Burton
Financial markets ended lower Tuesday for a second day in a row.
At the close on Wall Street, the S&P 500 was down 13.1 points, or nearly 0.7 percent, to 1,988.4. The Dow Jones industrial average was down 97.6 points, or nearly 0.6 percent, to nearly 17,014. The Nasdaq composite was off nearly 40 points, or about 0.9 percent, to 4,552.3.
Apple ended a volatile day little changed after announcing several new products including two iPhones and a smartwatch. After trading close to $100 all day, shares fell 37 cents, about 0.4 percent, to $97.99.
Home Depot shares lost nearly 2 percent after the company confirmed that its payment systems had been hacked, potentially exposing millions of shoppers who used credit and debit cards at its stores. Shares dropped $1.89 to $88.93.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.50 percent.
Newsday investigation: Housing tax breaks ... Street takeover arrests ... Out East: Sunday sauce secret ingredient ... East End lanternfly infestation
Newsday investigation: Housing tax breaks ... Street takeover arrests ... Out East: Sunday sauce secret ingredient ... East End lanternfly infestation
