Dow, S&P 500 edge down after Trump cancels North Korea summit; Netflix gains

NEW YORK (Reuters) – U.S. stocks ended down slightly on Thursday after President Donald Trump canceled a planned summit with North Korea’s Kim Jong Un and ordered a probe of auto imports, while gains in Netflix (NFLX.O) pushed its market value to a record.

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. REUTERS/Brendan McDermid

The Dow Jones Industrial Average .DJI fell 75.05 points, or 0.3 percent, to 24,811.76, the S&P 500 .SPX lost 5.53 points, or 0.20 percent, to 2,727.76 and the Nasdaq Composite .IXIC dropped 1.53 points, or 0.02 percent, to 7,424.43.

Reporting by Caroline Valetkevitch, editing by G Crosse

Tagged ,