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US stock indexes drift mostly lower as oil prices sink

1 year 10 months 3 weeks ago February 26, 2015 Feb 26, 2015 Thursday, February 26 2015 February 26, 2015 2:32 PM in News
Source: Associated Press
By: APNewsNow

U.S. stock indexes are drifting mostly lower, pulling the Dow Jones industrial average slightly below its latest all-time high.

The Dow fell 10 points, or 0.1 percent, to close at 18,214 Thursday.

The Standard & Poor's 500 index fell three points, or 0.2 percent, to 2,110. The Nasdaq composite rose 20 points, or 0.4 percent, to 4,987.

Energy stocks fell more than the rest of the market as the price of oil plunged again. Chevron and Exxon Mobil were among the biggest decliners in the Dow.

Sears fell 5 percent after the company reported its fourth straight year of falling profit and revenue.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.03 percent from 1.97 percent late Wednesday.

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