A slowdown in consumer spending weighed the markets down to a lower close with the Dow losing 23 points to 19,918. Nasdaq fell 24 points to 5,447.
On the upside
Shares of Uranium Resources (Nasdaq: URRE) climbed after both Russian president Vladimir Putin and president-elect Donald Trump said that nuclear arsenals must be strengthened.
A London arbitration tribunal ruled that the 20-year contract between Navios Maritime (NYSE: NM) and Vale International for the iron ore port that is under construction is in full force and effect.
Sunoco (NYSE: SUN) amended its credit facilities.
On the downside
Profit taking continued to weigh down shares of Tidewater (NYSE: TDW).
Investors continued to lock in profits on Conatus Pharmaceuticals (Nasdaq: CNAT).
Shares of Sangamo Sciences (Nasdaq: SGMO) extended its losses.
In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 index lost 4 points to 2,260. Bitcoin eased to $854.
