Stocks closed broadly lower Thursday, snapping a three-day winning streak.
Losses in technology companies and consumer products makers and health care stocks accounted for much of the decline. Banks bucked the downward trend and rose along with bond yields. Energy stocks also rose.
On Thursday:
The S&P 500 index fell 15.51 points, or 0.6 percent, to 2,693.13.
The Dow Jones industrial average slid 83.18 points, or 0.3 percent, to 24,664.89.
The Nasdaq composite lost 57.18 points, or 0.8 percent, to 7,238.06.
The Russell 2000 index of smaller-company stocks gave up 9.74 points, or 0.6 percent, to 1,573.82.
For the week:
The S&P 500 is up 36.83 points, or 1.4 percent.
The Dow is up 304.75 points, or 1.3 percent.
The Nasdaq is up 131.
