NEW YORK (
) -- 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.
dropped 3 points, or 0.21%, to finish at 1329 and the
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
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
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
, although none of the blue chips posted gains of more than 1%.
Written by Alexandra Zendrian in New York
>To contact the writer of this article, click here:
>To submit a news tip, send an email to:
>To follow the writer on Twitter, go to