US stocks edge lower, bringing market below a record high

AP News
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Posted: Feb 17, 2015 11:59 AM
US stocks edge lower, bringing market below a record high

U.S. stocks are edging lower in midday trading as the market pulls back from a record high.

Energy companies were lagging Tuesday as the price of crude oil fell again.

The Standard and Poor's 500 fell two points, or 0.1 percent, to 2,095 as of 11:45 a.m. Eastern time.

The Dow Jones industrial average fell 19 points, or 0.1 percent, to 17,999. The Nasdaq composite fell two points, or 0.1 percent, to 4,891.

The S&P 500 closed at a record high on Friday. U.S. markets were closed Monday for Presidents Day.

Goodyear Tire & Rubber rose 3 percent after the company reported a jump in profit.

The price of oil fell $1.17 to $51.59 a barrel.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.09 percent.