Stocks slip a day after latest record for S&P 500December 10, 2013 @ 1:14 pm
NEW YORK (AP) - Stock prices are lower on Wall Street as the market takes a pause after hitting its latest record high.
The Dow Jones industrial average lost 52 points, or 0.3 percent, to close at 15,973 Tuesday.
The Standard & Poor's 500 index gave up five points, 0.3 percent, to 1,802, just below it's the all-time high it closed at the day before. The Nasdaq composite fell eight points, 0.2 percent, to 4,060.
Morgan Stanley and Goldman Sachs rose after investors got some clarity on new banking rules. Federal regulators voted to approve the so-called Volcker Rule, which bars banks from betting on the market with their own money.
Three stocks fell for every two that rose on the New York Stock Exchange. Trading volume was average.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Seattle fans are outraged by a new commercial featuring 49ers' Colin Kaepernick
SDOT says human error is to blame for West Seattle Bridge de-icing crashes
The Holiday Map
Find Santa photos, tree farms, lights & seasonal events with our holiday map
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.