The markets closed lower with the Dow losing 36 points to 21,235 after an Apple downgrade weighed down technology stocks. Nasdaq fell 32 points to 6,175.
On the upside
Shares of Under Armour (NYSE: UAA) extended its gains as Steph Curry and the Golden State Warriors prepare to play in Game 5 of the 2017 NBA Finals.
The stock prices of Eclipse Resources (NYSE: ECR) and Sanchez Energy (NYSE: SN) rose as crude oil prices edged up.
Comments by President Donald Trump that an anti-dumping bill for steel would be coming soon lifted shares of AK Steel (NYSE: AKS).
On the downside
Mizuho Securities downgraded Apple (Nasdaq: AAPL) form a Buy rating to a Neutral rating.
Oppenheimer downgraded Pandora Media (NYSE: P) from an Outperform rating to a Perform rating.
Falling gold prices weighed down shares of Compania de Minas Buenaventura (NYSE: BVN), Eldorado Gold (NYSE: EGO), Hecla Mining (NYSE: HL), and Yamana Gold (NYSE: AUY).
In the broad market, advancing issues outpaced decliners by a slim margin on the NYSE while declining issues edged out advancers by a margin of more than 4 to 3 on Nasdaq. The broader S&P 500 slipped 2 points to 2,429. Bitcoin plunged $281 to $2603.
