Major U.S. Indexes Slip as Materials, Consumer Services and Tech Drag Markets Lower
U.S. equities closed lower Thursday, with losses concentrated in the Basic Materials, Consumer Services and Technology sectors. The Dow Jones Industrial Average fell 1.20%, the S&P 500 dropped 1.23% and the Nasdaq Composite declined 1.59%. A handful of individual stocks recorded sharp gains or steep declines, while volatility and commodity contract…