NEW YORK, July 30 (Xinhua) -- Wall Street's major averages closed mostly lower on Thursday after data showed the U.S. economy contracted massively in the second quarter.
The Dow Jones Industrial Average decreased 225.92 points, or 0.85 percent, to end at 26,313.65, after dropping more than 500 points earlier in the session. The S&P 500 fell 12.22 points, or 0.38 percent, to 3,246.22. The Nasdaq Composite Index increased 44.87 points, or 0.43 percent, to 10,587.81.
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