How the Dow Jones industrial average fared on Thursday

U.S. stocks closed lower on Thursday for a third straight day as a number of big companies report disappointing financial results.

Caterpillar and 3M released weaker-than-expected earnings, pulling indexes lower. General Motors, Southwest Airlines and Raytheon bucked the downward trend, rising after announcing stronger results than analysts anticipated.

For the day:

The Dow Jones industrial average lost 119.12 points, or 0.7 percent, to 17,731.92.

The Standard & Poor's 500 index fell 12 points, or 0.6 percent, to 2,102.15.

The Nasdaq composite shed 25.36 points, or 0.5 percent, to 5,146.41.

For the week:

The Dow is down 354.53 points, or 2 percent.

The S&P 500 index is down 24.49 points, or 1.2 percent.

The Nasdaq is down 63.74 points, or 1.2 percent.

For the year:

The Dow is down 91.15 points, or 0.5 percent.

The S&P 500 index is up 43.25 points, or 2.1 percent.

The Nasdaq is up 410.35 points, or 8.7 percent.