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US stocks end lower after bank scare in Europe

By WTOP Staff

NEW YORK (AP) — U.S. stocks are ending lower as fears about the health of a European bank weigh on the market.

The Dow Jones industrial average fell 70 points, or 0.4 percent, to finish at 16,915 Thursday. The Standard & Poor’s 500 index slipped eight points, or 0.4 percent, to 1,964. The Nasdaq was off 22 points, or 0.5 percent, at 4,396.

U.S. markets were hit by earlier stock losses in Europe, where worries over the finances of one of Portugal’s largest financial groups slammed stocks and pushed investors into safer assets such as government bonds and gold.

Eight of the 10 industry groups in the S&P 500 fell.

The yield on the 10-year Treasury note edged lower to 2.54 percent from 2.55 percent late Wednesday. Yields fall when demand for bonds rises.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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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