US stocks end mostly lower after a day of meandering

AP News
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Posted: May 13, 2015 4:09 PM
US stocks end mostly lower after a day of meandering

NEW YORK (AP) — Stocks are ending mostly lower as traders considered some corporate earnings and deal news.

The Dow Jones industrial average lost seven points, less than 0.1 percent, to 18,060 Wednesday.

The Standard & Poor's 500 index fell less than a point to 2,098.

The Nasdaq composite edged up five points, or 0.1 percent, to 4,981.

It was the third straight loss for the Dow and S&P 500.

Owens-Illinois jumped 9 percent after saying it would buy a glass container business from the Mexican company Vitro.

DuPont sank 7 percent after billionaire investor Nelson Peltz's Trian Fund lost a proxy fight against the chemical maker.

Crude oil declined 25 cents to $60.50 a barrel in New York.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.28 percent.