Chattanooga Times Free Press - - BUSINESS -

Stocks closed mod­estly lower Thurs­day, pulling back from their record highs. Fi­nan­cial com­pa­nies posted among the big­gest losses as in­vestors shrugged at quar­terly re­ports from a few big banks. A slide in big me­dia stocks, cloth­ing com­pa­nies and other re­tail­ers also pulled the mar­ket lower. En­ergy com­pa­nies fin­ished lower as crude oil prices de­clined. In­dus­trial and trans­porta­tion com­pa­nies like rail­roads did bet­ter than the rest of the mar­ket.

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