S&P 500 ekes out gain while banks drag on Dow

Wall Street Market Update

The S&P 500 ended slightly higher on Wednesday as investors digested mixed earnings reports, while the Dow Jones Industrial Average slipped as bank stocks weighed.

The Nasdaq gained moderately to close at a record high for a second straight day, lifted by big tech names such as Facebook and Apple.

The Dow Jones Industrial Average fell 35.95 points, or 0.18 percent, to 20,054.34, the S&P 500 gained 1.59 points, or 0.07 percent, to 2,294.67 and the Nasdaq Composite added 8.24 points, or 0.15 percent, to 5,682.45.

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Posted in: Indian Market Tips