Dow Flirts With 20,000 As U.S. Stocks Tip Lower

By Joseph AdinolfiMarketsMarketWatch Pulse

U.S. stocks opened marginally lower Wednesday as the Dow Jones Industrial Average retreated after making a run at the 20,000 milestone. The Dow slipped 10 points, or 0.1%, to 19,966, while the S&P 500 index declined 1 point, or 0.1%, to 2,269. The Nasdaq Composite Index shed 4 points, or 0.1%, to 5,479. Nike Inc. was one of the biggest movers on the blue-chip gauge after the sportswear maker reported stronger-than-expected quarterly earnings after the bell on Tuesday. Winnebago Industries Inc. was another winner, rising sharply after the recreational vehicle manufacturer beat its first-quarter profit and sales forecasts.

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