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NEW YORK (AP) — U.S. stocks slipped for the third consecutive day Thursday as media and defense companies skidded. Bond yields climbed to their highest levels since May, which helped banks and hurt stocks that pay big dividends.
On Thursday:
The Dow Jones industrial average gave up 29.65 points, or 0.2 percent, to 18,169.68.
The Standard & Poor's 500 index slid 6.39 points, or 0.3 percent, to 2,133.04.
The Nasdaq composite sank 34.29 points, or 0.7 percent, to 5,215.97.
For the week:
The Dow is up 23.97 points, or 0.1 percent.
The S&P 500 is down 8.12 points, or 0.4 percent.
The Nasdaq is down 41.43 points, or 0.8 percent.
For the year:
The Dow is up 744.65 points, or 4.3 percent.
The S&P 500 is up 89.10 points, or 4.4 percent.
The Nasdaq is up 208.56 points, or 4.2 percent.
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