Stocks closed slightly lower Thursday after a slide in banks and industrial companies offset solid gains for the technology sector.
Homebuilders also declined following new data showing sales of new homes slumped in July. The U.S. and China held their first high-level talks in two months.
The S&P 500 index fell 4.84 points, or 0.2 percent, to 2,856.98.
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The Dow Jones Industrial Average slid 76.62 points, or 0.3 percent, to 25,656.98.
The Nasdaq composite lost 10.64 points, or 0.1 percent, to 7,878.46.
The Russell 2000 index of smaller-company stocks gave up 5.49 points, or 0.3 percent, to 1,717.05.
For the week:
The S&P 500 is up 6.85 points, or 0.2 percent.
The Dow is down 12.34 points, or less than 0.1 percent.
The Nasdaq is up 62.13 points, or 0.8 percent.
The Russell 2000 is up 24.10 points, or 1.4 percent.
For the year:
The S&P 500 is up 183.37 points, or 6.9 percent.
The Dow is up 937.76 points, or 3.8 percent.
The Nasdaq is up 975.07 points, or 14.1 percent.
The Russell 2000 is up 181.54 points, or 11.8 percent.