U.S. stocks lower after service data, rate cuts

SAN FRANCISCO (MarketWatch)
U.S. stocks finished moderately lower Thursday, coming back from a steeper decline, as investors weighed poor service sector growth and central bank rate cuts
The Dow Jones Industrial Average closed down 47.15 points, or 0.4%, at 12,896.67, in a session that saw the index down as many as 92 points and briefly trading in positive territory
The S&P 500 Index fell 6.44 points, or 0.5%, to close at 1,367.58, with financial and energy stocks as the poorest performers
The Nasdaq Composite Index barely finished higher, up 0.04 point to close at 2,976.12