The markets closed lower with the Dow slipping 12 points to 17,900 after the ECB failed to enact additional stimulus measures at its last meeting of the year. Nasdaq lost 5 points to 4,769.
On the upside
The Justice Department's finding that Cleveland Police officers use excessive force lifted shares of body camera maker Digital Ally (Nasdaq: DGLY).
Fourth quarter earnings fell for Avago Technolgies (Nasdaq: AVGO) but the results were better than expected.
RCS Capital (NYSE: RCAP) settled a suit brought against the company by American Realty Capital Properties (Nasdaq: ARCP).
On the downside
Investors locked in profits on MOL Global (Nasdaq: MOLG).
Bloomberg reported that Starz (Nasdaq: STRZA) was unable to sell itself and now must explore other options.
FX Energy (NYSE: FXEN) will plug and abandon the Angowice-1 well after drilling to 3,880 meters and discovering nothing of significance.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 slipped 2 points to 2071. Bitcoin lost $4 to $368.
Lower close as ECB fails to act
December 04, 2014 at 16:59 PM EST