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VOL. 39 | NO. 25 | Friday, June 19, 2015
US stocks slide as a three-day rally peters out
The Associated Press
U.S. stocks are closing lower, shedding some of the gains that pushed a key index to a record level a day earlier.
Talks between Greece and its creditors remain unresolved with a major debt payment looming at the end of the month.
The Dow Jones industrial average dropped 101 points, or 0.6 percent, to 18,014 on Friday.
The Standard & Poor's 500 index fell 11 points, or 0.6 percent, to 2,109. For the week, the index was up 0.8 percent.
The Nasdaq composite declined 16 points, or 0.3 percent, to 5,117. It closed at a record the day before.
Treasury prices rose, pushing the yield on the 10-year note down to 2.26 percent.