Stocks fall, snapping 4-day winning streak; Dow down 141
By The Associated Press
Posted 4:48PM on Friday, January 23, 2015
NEW YORK (AP) -- The stock market is finishing lower, snapping a four-day winning streak, as U.S. companies report mixed quarterly results.<br />
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The Standard & Poor's 500 index fell 11 points, or 0.6 percent, to close at 2,051 Friday. The Dow Jones industrial average dropped 141 points, or 0.8 percent, to 17,672. The Nasdaq bucked the trend, rising seven points, or 0.2 percent, to 4,757.<br />
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Shares of tissue and diaper maker Kimberly-Clark dropped after the company's earnings fell short of expectations. UPS slid after it cut its earnings outlook.<br />
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The yield on the 10-year Treasury slid to 1.80 percent from 1.87 percent late Thursday.<br />
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U.S. stock indexes ended the previous day with big gains after Europe's central bank unveiled a program to revitalize that region's economy.