US stocks close modestly lower

NEW YORK (AP) - A sharp sell-off in energy companies pulled U.S. stock indexes modestly lower Wednesday, wiping out small gains from the day before.

Another slide in crude oil prices weighed on the energy sector. Banking, health care and technology companies also declined, while consumer-focused stocks and phone companies posted gains.

Investors mostly focused on company earnings from retailers, restaurant chains and other companies.

The Dow Jones industrial average fell 37.39 points, or 0.2 percent, to 18,495.66. The Standard & Poor's 500 index shed 6.25 points, or 0.3 percent, to 2,175.49. The Nasdaq composite index lost 20.90 points, or 0.4 percent, to 5,204.58.