US stocks retreat from record highs as earnings season kicks into full gear

U.S. stocks closed lower on Thursday as Wall Street digested earnings from some of the top financial companies.

The Dow Jones industrial average finished 31.88 points lower at 22,841.01, after hitting an intraday record.The Nasdaq composite also notched an intraday record, before closing 0.2 percent lower at 6,591.51. The S&P 500 declined 0.2 percent to 2,550.93 after reaching an all-time high earlier in the session.

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Posted in: Indian Market Tips