ET (1443 GMT), the Dow Jones Industrial Average was down 40.95 points, or 0.2 percent, at 20,049.34, the S&P 500 was down 5.31 points, or 0.23 percent, at 2,287.77
and the Nasdaq Composite was down 17.04 points, or 0.3 percent, at 5,657.18.
Oil prices fell 0.5 percent as an increase in U. S. crude inventories and a slump in Chinese demand implied
that global oil markets remain oversupplied despite OPEC-led efforts to cut output.
(Reuters) - U. S. stocks were slightly lower on Wednesday, weighed down by losses in bank and healthcare stocks.
The drugmaker’s stock, which also weighed on the S&P
and the Nasdaq, was down 9.3 percent after the company projected disappointing sales for its hepatitis C drugs this year.
The S&P 500 financial index, which has outperformed other sectors in a post-election rally, was down 0.83 percent
and was on track for its third straight day of decline.