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Stocks slip, pulling S&P 500 below record high

By WTOP Staff

NEW YORK (AP) — Stocks are closing mostly lower after setting a record high the day before.

Traders continued to put money into the bond market, pushing the yield on the 10-year Treasury note down to its lowest level in 11 months.

Dollar General dropped 3 percent after analysts at Deutsche Bank cut their forecast for the company’s earnings, saying the company faces tough competition from Walmart and Target.

Toll Brothers rose 2 percent after reporting that its profits more than doubled as the home builder raised prices and delivered more houses.

The Standard & Poor’s 500 index edged down two points, or 0.1 percent, to close at 1,909 Wednesday.

The Dow Jones industrial average fell 42 points, or 0.3 percent, to 16,633. The Nasdaq composite lost 12 points, or 0.3 percent, to 4,225.

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Emergency guide: What you should do to prepare for emergencies

By WTOP Staff
WASHINGTON — Do you know what you'd do if an emergency hits? What if you're at work, your spouse is stuck in traffic and your children are in school? There's no way to plan for every emergency, but you can make sure you're prepared for different scenarios, including making a plan for your family and building a kit of emergency supplies.
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