Nasdaq Closes At Record While Dow Slides On Financials

By Wallace Witkowski Markets MarketWatch Pulse

The Dow industrials closed lower Wednesday as financial stocks continued their slide on the week, while the S&P 500 closed fractionally higher and the Nasdaq scored a new record. The Dow Jones Industrial Average fell 35.95 points, or 0.2%, to finish at 20,054.34, with shares of J.P. Morgan Chase & Co. and Goldman Sachs Group Inc. weighing on the average. The S&P 500 index closed up 1.59 points, or 0.1%, at 2,294.67, with financials dropping 0.8%. The Nasdaq Composite index gained 8.24 points, or 0.2%, to finish at a record of 5,682.45.

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