Monday 23 January 2017

Wall Street dips on Trump protectionism, Qualcomm drag

Wall Street

Wall Street Market Update

Wall Street dips on Trump protectionism, Qualcomm drag US stocks edged lower on Monday as early moves by President Donald Trump highlighting a protectionist stance on trade gave investors cause to rethink the post-election rally.

The Dow Jones Industrial Average fell 27.4 points, or 0.14 percent, to 19,799.85, the S&P 500 lost 6.11 points, or 0.27 percent, to 2,265.2 and the Nasdaq Composite dropped 2.39 points, or 0.04 percent, to 5,552.94.

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