NEW YORK (
) -- Stocks
Thursday as a late-day rally proved unsustainable ahead tomorrow's big May jobs report.
Dow Jones Industrial Average
fell 26 points, or 0.2%, to close at 12,393. The
dropped 3 points to settle at 1310, while the Nasdaq lost 10 points to 2827.
Breadth within the blue-chip index was negative with 16 of the 30 components posting losses.
The biggest percentage decliners were
Shares of Caterpillar fell 2.84% to $87.62. The stock was also
on Wednesday, losing 2.6%.
The stock has declined 3.29% year to date.
Exxon Mobil shares dropped 1.45% to $78.63. The stock has lost 7.23% year to date.
The biggest percentage gainers were
Bank of America
Shares of Disney increased 1.13% to $45.71. The company announced that Alan Horn will become the chairman of Walt Disney Studios on June 11. Horn was previously the president of Warner Bros. Entertainment.
The stock has risen 21.89% year to date.
Bank of America shares rose 2.08% to $7.35. The stock has risen 32.19% year to date.
Written by Alexandra Zendrian in New York
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