Business

US stocks move lower in quiet trade

By Washington Examiner
Published August 12, 2014 8:17pm ET
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US stocks move lower in quiet trade
FILE - In this Feb. 10, 2011 file photo, American flags fly in front of the New York Stock Exchange, in New York. Asian stock markets were mostly higher Tuesday, Aug. 12, 2014, as tensions over Ukraine and Iraq eased, giving investors the confidence to dip into riskier assets. European shares drifted. (AP Photo/Mark Lennihan, File) | Mark Lennihan

NEW YORK (AP) — Stocks are closing lower following two days of gains as investors focus on problems in Ukraine and Iraq.

Energy stocks fell more than the rest of the market, dragged down by a decline in the price of crude oil.

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