US stocks slide, first decline for the market this week

September 22, 2017 at 5:05 a.m. | Updated September 22, 2017 at 5:05 a.m.

by the Associated Press

FILE - This July 15, 2013, file photo, shows a sign for Wall Street outside the New York Stock Exchange. U.S. stock indexes veered slightly lower in early trading Thursday, Sept. 21, 2017, as investors sized up the latest batch of company earnings and deal news. (AP Photo/Mark Lennihan, File)
FILE - This July 15, 2013, file photo, shows a sign for Wall Street outside the New York Stock Exchange. U.S. stock indexes veered slightly lower in early trading Thursday, Sept. 21, 2017, as investors sized up the latest batch of company earnings and deal news. (AP Photo/Mark Lennihan, File)

A slide in technology companies weighed on U.S. stocks Thursday, pulling the market lower for the first time this week and erasing modest gains from a day earlier.

Supermarket operators, beverage companies and other consumer-focused stocks also declined. Industrial companies and banks led the gainers. Trading was mostly subdued as investors sized up the latest company earnings and deal news.

The Standard & Poor’s 500 index lost 7.64 points, or 0.3 percent, to 2,500.60. The Dow Jones industrials fell 53.36 points, or 0.2 percent, to 22,359.23. Both indexes posted record highs on Wednesday. The Nasdaq composite lost 33.35 points, or 0.5 percent, to 6,422.69. The Russell 2000 index of smaller-company stocks gave up 1.24 points, or 0.1 percent, to 1,444.18.

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