710 KNUS News

6/10/2014 2:39 PM
S&P 500 ends lower, snapping 4-day winning streak

NEW YORK (AP) — The Standard & Poor's 500 index has ended lower after rising four days in a row.

The index fell half a point, or 0.02 percent, to close at 1,950 on Tuesday, losing ground for just the second day this month.

The Dow Jones industrial average rose 2.82 points, or 0.02 percent, to 16,945. The Nasdaq composite gained 1.75 points, or 0.04 percent, to 4,338.

RadioShack fell 16 cents, or 10 percent, to close at $1.38 after the retailer reported a deeper loss than analysts had expected. Sales also slumped.

MetLife Inc.'s stock rose 39 cents, or 0.7 percent, to $55.05 after the insurer said Tuesday that it plans to buy its own shares for the first time in about six years.



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(Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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