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) -- U.S. stocks finished Thursday with mild losses on Thursday as strength in the consumer cyclicals, energy and utilities sectors offset weakness in the financials and technology.


Dow Jones Industrial Average

fell nearly 25 points, or 0.20%, to close at 12,602. The index bounced more than 150 points off its low for the session.


S&P 500

dropped 3 points, or 0.21%, to finish at 1329 and the

Nasdaq Composite

lost 26 points, or 0.90%, to settle at 2849.

Breadth within the Dow was negative with 16 of the index's 30 components closing lower.

The biggest laggards among the blue chips were


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(INTC) - Get Intel Corporation Report


JPMorgan Chase

(JPM) - Get JPMorgan Chase & Co. Report


United Technologies

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Shares of JPMorgan fell 2.45% to $35.88.

The New York Times

reported the bank's infamous trading loss on credit derivatives could swell to

$9 billion

by the time it completely unwinds the position. Previous reported estimates had the loss topping out at $5 billion.

JPMorgan's stock has risen 7.91% year to date.

United Technologies shares lost 2.1% to $72.60 on Thursday.


reported that Pratt & Whitney Canada, a division of United Technologies, pleaded guilty to aiding China in developing a new attack helicopter.

The stock has ticked down 49 cents, or 0.67%, year to date.

Shares of Intel dropped 1.49% to $25.83. The stock has risen 6.52% year to date.

The biggest gainer in the index was


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, although none of the blue chips posted gains of more than 1%.


Written by Alexandra Zendrian in New York


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Alexandra Zendrian