Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
NEW YORK (AP) — U.S. stock indexes are closing slightly lower, pulling the Nasdaq composite index back below 5,000.
The decline Tuesday came a day after the Nasdaq closed above that milestone for the first time since the dot-com era 15 years ago.
The Nasdaq declined 28 points, or 0.6 percent, to 4,979.
The Dow Jones industrial average fell 85 points, or 0.5 percent, to 18,203. The Standard & Poor's 500 index lost nine points, or 0.5 percent, to 2,107.
The Dow and S&P 500 closed at record highs the day before.
Energy stocks rose as the price of oil recovered. Utilities also rose, but the other eight S&P 500 sectors fell.
Ford lost 2.4 percent after reporting lower sales last month as dealers couldn't keep up with demand for the new F-150 pickup.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
