Dow posts 4-day decline as regional-bank woes resurface

U.S. stocks ended mostly lower on Thursday, with the Dow booking a fourth day in a row of losses, as selling pressures returned to shares of regional banks. The Dow Jones Industrial Average
DJIA,
-0.66%
shed about 221 points, or 0.7%, ending near 33,310, according to preliminary FactSet data. The S&P 500 index
SPX,
-0.17%
fell about 0.2%, while the Nasdaq Composite Index
COMP,
+0.18%
closed 0.2% higher. Disappointing earnings from Disney Co.
DIS,
-8.73%
tied to its streaming business helped drag down the blue-chip Dow, while shares of PacWest Bancorp
PACW,
-22.70%
fell more than 20% after it disclosed a 9.5% decline in deposits in recent weeks. Short-term rates remained volatile on Thursday as investors hoped for progress on the debt-ceiling stalemate in Washington D.C. The 2-year Treasury
TMUBMUSD02Y,
3.891%
was pegged at 3.906%, up four of the past five trading days, according to Dow Jones Market Data. The 6-month Treasury bill was at 5.11%.