US stocks closed modestly lower Wednesday, with the Dow industrials and Nasdaq Composite retreating from all-time highs set a day earlier.

    The Dow Jones Industrial Average DJIA, -0.16% DJIA, -0.16% ended 32.66 points, or 0.2%, lower at 19,941.96. The S&P 500 index SPX, -0.25% lost 5.58 points to 2,265.18. 

    The Nasdaq Composite Index COMP, -0.23% declined 12.51 points, or 0.2%, to 5,471.43.