DOW

Dow

11,731.90

-23.54

-0.20%



By: Abby Schultz, JeeYeon Park

Stocks bounced off the lows of the session, but ended lower, as disappointing economic news halted the market's rally and as Merck dragged down the Dow amid problems with a key blood-clotting drug

The Dow Jones Industrial Average fell 23.54 points, or 0.2 percent, to close at 11,731.90 after hitting a two-year high in the previous session.


The S&P 500 fell 2.20 points, or 0.2 percent, to close at 1,283.76, while the tech-heavy Nasdaq fell 2.04 points, or 0.07 percent, to close at 2,735.29. The CBOE Volatility Index, widely considered the best gauge of fear in the market, rose above 16.