Monday, 14 November 2016

Wall Street ends flat as financials’ rise offsets tech drop

Wall Street
Wall Street Market Update

US stocks closed little changed on Monday after rising dramatically the week before and a decline in the technology sector offset a steep rise in financial stocks as investors bet on higher interest rates.

After choppy trading late in the session, the Dow ended at a record high while the S&P 500 and the Nasdaq Composite dipped.
The Dow Jones industrial average closed up 21.03 points, or 0.11 percent, to 18,868.69, the S&P 500 lost 0.25 points, or 0.01 percent, to 2,164.2 and the Nasdaq Composite dropped 18.72 points, or 0.36 percent, to 5,218.40.
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