U.S. Markets closed

Wall Street ends lower; Apple out of favor

SAN FRANCISCO (Reuters) - U.S. stock indexes closed lower on Thursday, with market heavyweight Apple out of favor on concerns about its latest iPhones, while financials rose as investors reacted to rising expectations for a third interest rate hike this year.

The Dow Jones Industrial Average <.DJI> fell 53.36 points, or 0.24 percent, to 22,359.23, the S&P 500 <.SPX> lost 7.64 points, or 0.30 percent, to 2,500.6 and the Nasdaq Composite <.IXIC> dropped 33.35 points, or 0.52 percent, to 6,422.69.

(Reporting by Sinead Carew; Editing by Nick Zieminski)