Indices closed in the red zone today on Wall Street. Alcoa, Bank of America, and Cisco led the Dow’s descent. Brands traded lower amid word of Spain’s disappointing debt auction and other economic news.
Indices closed out mixed on Thursday. The Dow rebounded from earlier low levels to post slight gains led by Intel and Coca-Cola. The S&P 500 and Nasdaq shed some points. Bank of America and Citigroup led losses in the financial sector. Action was mixed amid the release of some less-than-optimum economic data.