KKTV - Economy - Headlines

US Stocks Close Mixed, Continuing Bumpy Week

By: AP
By: AP


(AP) - Stocks are closing mixed after a quiet trading day that left the indexes little changed.

The Dow Jones industrial average closed down 46 points, or 0.4 percent, at 13,125 on Wednesday. The Standard & Poor's 500 index closed down 3, or 0.2 percent, at 1,403. The Nasdaq composite average closed up 1 at 3,075.

Hewlett-Packard led the Dow lower, sliding 2.2 percent after saying it would combine its printer and PC division to save money and improve efficiency.

The National Association of Realtors said early Wednesday that home sales fell last month, but it was still the best winter in five years.

Roughly the same number of stocks rose and fell on the New York Stock Exchange. Volume was very light at 3.50 billion shares.

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