The Dow was weighed down by declines in Walt Disney Co and UnitedHealth Group Inc shares following results from rivals in their respective industries. The Dow Jones Industrial Average fell 79.62 points, or 0.23%, to 33,897.01; the S&P 500 lost 0.35 points, or 0.01%, at 4,154.52; and the Nasdaq Composite added 3.81 points, or 0.03%, at 12,157.23. The defensive utilities group gained most among S&P 500 sectors, rising 0.8%. S&P 500 companies overall are expected to post a 4.8% decline in first-quarter earnings from the year-earlier period, according to Refinitiv IBES. The S&P 500 posted 16 new 52-week highs and one new lows; the Nasdaq Composite recorded 59 new highs and 123 new lows.
