U.S. blue chips end lower as GM rating cut weighs

Newswire

(Updates to 4 p.m.) NEW YORK, May 24 (Reuters) - U.S. blue-chip stocks declined on Tuesday, as General Motors Corp. fell after Fitch Ratings cut its debt to junk, and gains were limited as minutes from a Federal Reserve meeting suggested it will continue to gradually hike interest rates. Based on the latest available data, the blue-chip Dow Jones industrial average was down 19.36 points, or 0.18 percent, to end at 10,504.13. The broad Standard & Poor's 500 Index was up a mere 0.26 of ...

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