Dow Ends Day Down 253

S&P 500, Nasdaq also down
By Newser Editors and Wire Services
Posted Dec 17, 2015 3:11 PM CST
Dow Ends Day Down 253
Specialists watch a television screen on the floor of the New York Stock Exchange, Wednesday, Dec. 16, 2015.   (AP Photo/Richard Drew)

US stocks are sliding into the close as the market gives back all of its big gain from the day before. The Dow Jones industrial average fell 253 points, or 1.4%, to 17,495 Thursday. The Standard & Poor's 500 index lost 31 points, or 1.5%, to 2,041. The Nasdaq composite declined 68 points, or 1.4%, to 5,002.

Steep drops in energy prices and metals Thursday pulled down the stocks of oil and gas producers and mining companies. Chevron lost 3% and Newmont Mining skidded 8%. The dollar rose against other currencies a day after the Federal Reserve raised interest rates for the first time since the financial crisis. Bond prices rose. The yield on the 10-year Treasury note fell to 2.23%. (More Dow Jones stories.)

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