How the Dow Jones industrial average fared on Wednesday

U.S. stocks closed modestly lower on Wednesday as energy companies declined with the price of oil.

Banks and health care companies also weighed on the market, while telecom and consumer-focused stocks notched gains. Investors were focused on the latest batch of company earnings in the absence of new major economic data.

On Wednesday:

The Dow Jones industrial average fell 37.39 points, or 0.2 percent, to 18,495.66.

The Standard & Poor's 500 index slipped 6.25 points, or 0.3 percent, to 2,175.49.

The Nasdaq lost 20.90 points, or 0.4 percent, to 5,204.58.

For the week:

The Dow is down 47.87 points, or 0.3 percent.

The S&P 500 is down 7.38 points, or 0.3 percent.

The Nasdaq is down 16.54 points, or 0.3 percent.

For the year:

The Dow is up 1,070.63 points, or 6.1 percent.

The S&P 500 is up 131.55 points, or 6.4 percent.

The Nasdaq is up 197.17 points, or 3.9 percent.

This story has been automatically published from the Associated Press wire which uses US spellings

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