NEW YORK, Nov. 11 (UPI) -- Stocks on Wall Street fell for a third day Tuesday on light Veterans Day volume with investors pulling out of technology stocks.
With little encouraging economic or earnings news, the Dow Jones industrial average fell 18.74 points or 0.19 percent to 9,737.79. The Nasdaq composite index was down 10.89 or 0.56 percent to 1,930.75, and the Standard and Poor's 500-stock index was off 0.54 or 0.05 percent at 1,046.57.
About 1.16 billion shares changed hands on the Big Board, 13 percent below average for the past three months.
Energy, health-care, and so-called consumer-staple shares, which have lagged during this year's rally, performed best in the S&P 500 as technology shares fell.
Computer-related shares,which have led the market through much of this year's rise, accounted for nearly two thirds of the decline. Decliners outnumbered advancers nearly 3-to-2 on the New York Stock Exchange.
The dollar was stable Tuesday in a technically driven session.I traded at 108.725 yen, compared to 108.47 late Monday while the euro traded at $1.1518, up slightly from $1.1496.
European markets ended mostly down. London's FTSE-100 Share Index ended up 3.30, or 0.8 percent, at 4,345.10. Asian markets closed mixed. The Nikkei 225 stock average ended down 297.50, or 2.8 percent, to 10,207.04, its lowest close since Aug. 19. That followed a 124.44-point fall on Monday.
