AP News

Stocks lower; losing streak at 5 for S&P


NEW YORK (AP) — Stocks are ending the day lower on Wall Street. It's the first five-day losing streak for the Standard & Poor's 500 index since July.

A mixed report on the U.S. housing market conspired with unrest in Europe to pull U.S. stocks down.

The Dow Jones industrial average finished the day down 44 points at 13,414. The Standard & Poor's 500 index fell eight to 1,433. The Nasdaq composite index dropped 24 to 3,094.

Declining stocks outnumbered advancers by about 3-to-2. Early figures show volume was about average, 3.6 billion shares traded.


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