NEW YORK (AP) — The stock market is closing mostly lower after investors were unimpressed by a rating agency’s brighter outlook on the U.S. government’s credit rating.
Stocks got an early boost Monday from news that Standard & Poor’s raised its outlook for the U.S. government’s debt, citing stronger finances and a recovering economy.
The gains didn’t last long, and by early afternoon the market was drifting between slight gains and losses.
The Dow Jones industrial average fell nine points to close at 15,238, a loss of 0.1 percent.
The S&P 500 index fell a fraction to 1,642, less than 0.1 percent.
The Nasdaq composite edged up four points to 3,473, or 0.1 percent.
More stocks fell than rose on the New York Stock Exchange. Trading volume was very thin at 2.8 billion shares.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Message posted on a residence hall bulletin board is causing controversy at Indiana University.
Warning, the audio contains material that some web viewers may find disturbing.
A medical examiner has determined the death of a Missouri man in an Arrowhead Stadium parking lot during a Kansas City Chiefs game was a homicide.
Entombed at the bottom of the Atlantic Ocean in an upended tugboat and dressed only in boxer shorts, Harrison Odjegba Okene begged God for a miracle.
"Fast & Furious" star Paul Walker was killed by impact and fire in a crash that occurred while he was a passenger in a Porsche driven by his friend, according to an autopsy released Wednesday.
A camel drops in on Wednesday morning's morning newscast at KFOR in Oklahoma City.
Seven people were arrested for DUI from November 25th to December 1st.