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Stocks ended slightly lower on Wall Street, pushing the Dow Jones industrial average to its fifth loss in a row.
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Dow industrials post 5th straight decline

ASSOCIATED PRESS

Dow industrials post 5th straight decline

Stocks ended slightly lower on Wall Street

NEW YORK — Stocks ended slightly lower on Wall Street, pushing the Dow Jones industrial average to its fifth loss in a row.

Utilities and real estate companies fell the most today. Those high-dividend sectors have the most to lose from rising bond yields, which give investors other options for seeking income.

RELATED: Searchable stock index

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The yield on the 10-year Treasury rose to 2.47 percent. Yields have been rising as investors expect inflation to increase.

CSX soared 23 percent following news that the railroad operator is being targeted for a shakeup by an activist investor.

The Standard & Poor’s 500 index lost 8 points, or 0.4 percent, to 2,263.

The Dow Jones industrial average gave back 72 points, or 0.4 percent, to 19,732. The Nasdaq composite declined 15 points, or 0.3 percent, to 5,540.

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First Published January 19, 2017, 9:18 p.m.

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Stocks ended slightly lower on Wall Street, pushing the Dow Jones industrial average to its fifth loss in a row.  (ASSOCIATED PRESS)
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Traders work on the Mizuho Americas trading floor in New York.  (ASSOCIATED PRESS)
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