How the Dow Jones industrial average fared on Thursday

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NEW YORK (AP) — Stocks closed lower on Thursday, led by declines in health-care companies as investors worry about a backlash in Washington against recent price increases for key drugs. A few retailers reported disappointing earnings, and that helped push down consumer discretionary stocks. The losses were modest as major indexes hover near record highs hit last week.

On Thursday:

The Dow Jones industrial average fell 33.07 points, or 0.2 percent, to 18,448.41.

The S&P 500 gave up 2.97 points, or 0.1 percent, to 2,172.47.

The Nasdaq composite edged down 5.49 points, or 0.1 percent, to 5,212.20.

For the week:

The Dow is down 104.16 points, or 0.6 percent.

The S&P 500 is down 11.40 points, or 0.5 percent.

The Nasdaq is down 26.18 points, or 0.5 percent.

For the year:

The Dow is up 1,023.38 points, or 5.9 percent.

The S&P 500 is up 128.53 points, or 6.3 percent.

The Nasdaq is up 204.79 points, or 4.1 percent.

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