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The feverish rally on Wall Street is taking a break.
The S&P 500 fell 0.3 percent Thursday from its latest all-time high for just its second loss in the last 10 days. The Dow Jones Industrial Average dropped 243 points, and the Nasdaq composite slipped 0.1 percent.
A sharp fall for Dell Technologies helped offset strength for Delta Air Lines, which delivered a stronger profit for the summer than analysts expected. But Dell and stocks broadly are still up comfortably for the week. The price of gold fell back below $4,000 per ounce following its stellar run this year.
On Thursday:
The S&P 500 fell 18.61 points, or 0.3 percent, to 6,735.11.
The Dow Jones Industrial Average fell 243.36 points, or 0.5 percent, to 46,358.42.
The Nasdaq composite fell 18.75 points, or 0.1 percent, to 23,024.63.
The Russell 2000 index of smaller companies fell 15.14 points, or 0.6 percent, to 2,468.85.
For the week:
The S&P 500 is up 19.32 points, or 0.3 percent.
The Dow is down 399.86 points, or 0.9 percent.
The Nasdaq is up 244.12 points, or 1.1 percent.
The Russell 2000 is down 7.33 points, or 0.3 percent.
For the year:
The S&P 500 is up 853.48 points, or 14.5 percent.
The Dow is up 3,814.20 points, or 9 percent.
The Nasdaq is up 3,713.83 points, or 19.2 percent.
The Russell 2000 is up 238.69 points, or 10.7 percent.
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