U.S. stocks wipe out early gains to end in the red as Alcoa earnings loom

U.S. stocks finished lower, slipping into negative territory in the final hour of trading as concerns about lackluster quarterly earnings outweighed a rally in crude prices. Stock investors are looking ahead to Alcoa Inc.’s quarterly results, which are set to be released at the end of regular trading. The S&P 500 closed off 5.61 points, or 0.3%, at 2,041.99, the Dow Jones Industrial Average ended down 20.55 points, or 0.1%, at 17,556.41, while the tech-heavy Nasdaq Composite index ended 17.29 points, or 0.4%, lower at 4,833.40.

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From:: Stock Market News

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