Wall Street ends May with whimper as energy shares slump

Epic Research Update : US Markets

The S&P 500 wrapped up its third straight month of gains on a flat note on Tuesday as weaker energy shares countered a rise in safe-haven utilities.

The Nasdaq closed higher on Tuesday, and ended up 3.6 percent for the month, the best performance of the three major indexes. The Dow eked out gains for May to notch its fourth straight positive month.

The Dow Jones industrial average fell 86.09 points, or 0.48 percent, to 17,787.13, the S&P 500 lost 2.11 points, or 0.1 percent, to 2,096.95 and the Nasdaq Composite added 14.55 points, or 0.29 percent, to 4,948.06.

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Posted in: Indian Market Tips