The Federal Reserve guessing game threw the markets for another loop Tuesday.
Comments from a Fed official raised expectations that the Fed could start easing off its support for the economy soon, sending the stock market sharply lower in the late afternoon. The market recovered in the last hour of trading to end with slight losses.
The Dow Jones industrial average lost 76.49 points to 15,177.54, or 0.5 percent.
The Standard & Poor's 500 index fell 9.04 points to close at 1,631.38, or 0.6 percent.
The Nasdaq composite index fell 20.11 points to 3,445.26, or 0.6 percent.
For the week:
The Dow is up 61.47 points, or 0.4 percent.
The S&P 500 is up 0.64 point, or 0.04 percent.
The Nasdaq is down 10.65 points, or 0.3 percent.
For the year:
The Dow is up 2,073.40 points, or 15.8 percent.
The S&P 500 is up 205.19 points, or 14.4 percent.
The Nasdaq is up 425.75 points, or 14.1 percent.