Updated from 4:04 p.m. ESTStocks closed mostly lower Wednesday in a day of volatile trading, despite positive economic and earnings news, as investors failed to find enough evidence that a 6% correction in the Dow Jones Industrial Average had run its course. The Dow lost 15.41 points, or 0.15%, to finish at 10,048.23; the Nasdaq gained 7.68 points, or 0.4%, to 1909.48; and the S&P 500 shed 2.63 points, or 0.24%, to 1091.32. The Nasdaq snapped a four-day skid, but the Dow and S&P extended their losing streaks to five sessions, while hitting new 2004 lows. Volume on the New York Stock Exchange approached 1.5 billion shares, and decliners outnumbered advancers by about 2 to 1. Over 1.8 billion shares changed hands on the Nasdaq, where decliners outpaced advancers by about 5 to 4. The major indices had spent much of the afternoon in the black, after a brief selloff. Just before noon EST, blue-chips moved about 40 points lower on a report that an unexploded bomb was found on a French train line. They regained ground, though, on news the failed sabotage was probably not the work of al Qaeda. The hiccup was the latest in a series of terror-related plunges that have assailed the market in the last two weeks. Collin Monsarrat, a trader at Birinyi Associates, saw little resolve in Wednesday's market. "If you read the paper every day, it's battles here, battles there ... explosions here, there," he said. "Combine that with the fact that the market is obviously in a correction and people are sitting on some nice gains here. They've made some good money, and they probably just want to take some off the table now." The 10-year Treasury note was down 4/32 in price to yield 3.70%, while the dollar was higher against the euro but lower vs. the yen. Crude oil and gold sagged. European markets closed lower, with London's FTSE 100 closing down 0.2% to 4309 and Germany's Xetra DAX off a fraction to 3726. In Asia, Japan's Nikkei closed up 0.7% to 11,365, while Hong Kong's Hang Seng was up 0.7% to 12,678. Investors trying to get a grip on sentiment amid all the choppiness this week might consider the Investors Intelligence survey, a widely followed poll of investors that's sometimes used as a contrary indicator. In the survey released Wednesday, the number of respondents calling themselves bulls tumbled, while those expecting a correction jumped. The number of flat-out bears held relatively steady.