Wednesday, the Dow was down 32.14 points (0.13%) at 25,625.59, the NASDAQ closed 48.15 points (0.63%) lower at 7,643.38, and the S&P 500 decreased 13.09 points (0.46%) to 2,805.37. The Russell 2000 was down 5.93 points (0.39%) at 1,522.23, and the Wilshire 5000 lost 142.93 points (0.49%) to finish at 28,967.77.

The price of the 10-year Treasury note increased 12/32, bringing its yield down to 2.382%. The price of the 30-year Treasury bond climbed 1 5/32, decreasing its yield to 2.820%.

ON THIS DATE: In 1797, Nathaniel Briggs patented a washing machine. In 1834, the U.S. Senate voted to censure President Andrew Jackson for the removal of federal deposits from the Bank of the United States. In 1885, The Salvation Army was officially organized in the U.S. In 1917, during World War I the Women’s Army Auxiliary Corps (WAAC) was founded. In 1921, President Warren Harding named William Howard Taft as chief justice of the United States Supreme Court. In 1963, Sonny Werblin announced that the New York Titans of the American Football League was changing its name to the New York Jets. In 1979, a major accident occurred at Pennsylvania’s Three Mile Island nuclear power plant. A nuclear power reactor overheated and suffered a partial meltdown. In 1990, track Olympian Jesse Owens received the Congressional Gold Medal from President George H.W. Bush.

No SURVEY SAYS this week.