The following excerpt is from an article that originally appeared on WND Econony
(CNBC) The Dow Jones industrial average fell for the first time in 10 days on Thursday, closing lower even after a small gain after the open of trading took the benchmark to a new record.
The Dow fell 53.36 points to close at 22,359.23 following a nine-day span that saw the average jump more than 600 points. Apple and Procter & Gamble contributed the most to the losses on Thursday.
The S&P 500 dropped 0.3 percent to end at 2,500.6, with shares of major technology, telecommunications and consumer staples companies all weighing down the index. The Nasdaq composite fell 0.52 percent to close at 6,422.69, with shares of Microsoft, Amazon and Facebook all down.post was originally published on this site