US stock market slips in light trading


April 14, 2015 12:15AM (UTC)

NEW YORK (AP) — The stock market is closing slightly lower in light trading as traders look ahead to a busy week for company earnings.

JPMorgan Chase, Johnson & Johnson, and Wells Fargo are among the big names turning in quarterly results Tuesday as earnings season gets underway.

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The Dow Jones industrial average fell 80 points, or 0.5 percent, to 17,977 Monday.

The Standard & Poor's 500 index slipped nine points, or 0.5 percent, to 2,092. The Nasdaq composite fell seven points, or 0.2 percent, to 4,988.

JetBlue Airways surged 4 percent after the airline reported a big increase in passengers last month.

Bond prices didn't move much. The yield on the 10-year Treasury note held steady at 1.95 percent.


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