Stocks End the Week Lower


0  Updated at 4:26 pm, February 21st, 2014 By: ABC Digital
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iStock/Thinkstock(NEW YORK) — U.S. stocks moved lower to end the week. The Dow Jones Industrial Average closed down 30 points at 16,103.30. The Nasdaq Composite ended the day at 4,263.41 and the S&P 500 at 1,836.25, both giving up 4 points.

Online travel booking company Priceline rose on strong earnings while Groupon shares plunged after the online deals company said it expects to lose money this quarter and issued a weak outlook for the year.

Americans didn’t buy many houses in January. Sales of existing homes fell to the worst pace in 18 months. The National Association of Realtors blames cold weather, a limited supply of homes and rising prices, which are keeping some first-time buyers out of the market.

If you’re thinking about quitting your job, your boss probably knows.  Researchers at Utah State University say would-be quitters often give off unintentional cues, like staying quiet in meetings and doing the minimum amount of work required.

Copyright 2014 ABC News Radio

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