Stocks slipped on Thursday, with banks posting some of the biggest declines. Barclays fell after New York's attorney general sued the British bank, saying it misled large investors by promising to protect them from predatory high-frequency traders.
The Dow Jones industrial average lost 21.38 points, or 0.1 percent, to close at 16,846.13.
The Standard & Poor's 500 index sank 2.31 points, or 0.1 percent, to close at 1,957.22.
The Nasdaq composite index fell 0.71 of a point to 4,379.05.
For the week:
The Dow is down 100.95 points, or 0.6 percent.
The S&P 500 is down 5.65 points, or 0.3 percent.
The Nasdaq is up 11.01 points, or 0.3 percent.
For the year:
The Dow is up 269.47 points, or 1.6 percent.
The S&P 500 index is up 108.86 points, or 5.9 percent.
The Nasdaq is up 202.46 points, or 4.9 percent.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer