The Canadian PressJune 12, 2013 17:44
NEW YORK, N.Y. - The stock market is ending lower for the third day in a row after an early morning rally faded away.
The Dow Jones industrial average ended with a loss of 126 points, or 0.8 per cent, at 14,995 Wednesday. The Dow had its first three-day loss of the year and its second close below 15,000 in the past month.
The Dow was up as much as 119 points in the first few minutes of trading, then drifted lower throughout the day.
The Nasdaq composite fell 36 points, or 1.1 per cent, to 3,400.