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Dow, S&P 500 slip as second quarter nears close
Posted By kurtnimmoadmin On June 28, 2013 @ 2:44 pm In Economic Crisis | Comments Disabled
June 28, 2013
The Dow and the S&P 500 slipped on Friday as the end of the second quarter approached, with investors finding little reason to push shares higher after a three-day rally.
With less than an hour left in the session, only the Nasdaq was in positive territory.
Stocks opened lower on weakness in technology shares, then fluctuated between steep losses and moderate gains for much of the session before flattening out. Losses in financials and tech weighed on the market, but were partially offset by strength in utilities and consumer discretionary shares.
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