Dow, S&P 500 skid lower for third straight day after GDP, but stocks book solid February gains

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Dow, S&P 500 skid lower for third straight day after GDP, but stocks book solid February gains
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U.S. stocks fall for third day, but finish February with gains

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U.S. stocks on Thursday finished near their lows, and notched a third straight decline for the Dow and S&P 500 after data showed U.S. economic growth came in a better-than-expected rate in the fourth quarter, but indicated a trend of softening since a mid-2018 peak at 4.2%. The Dow Jones Industrial Average DJIA, -0.27% fell 0.3% to finish at 25,916, the S&P 500 index SPX, -0.28% ended down 0.3% at 2,784, while the technology-laden Nasdaq Composite Index COMP, -0.29% closed 0.

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