• / Free eNewsletters & Magazine
  • / My Account
Home>UPDATE: Dow fights to hold on to records as broader stock market pulls back

UPDATE: Dow fights to hold on to records as broader stock market pulls back

UPDATE: Dow fights to hold on to records as broader stock market pulls back

10/04/2017

By Victor Reklaitis and Anora M. Gaudiano, MarketWatch

Tesla gains after Nomura's upbeat take, while Mylan gets a big lift from an FDA OK

The Dow Jones Industrial Average on Wednesday added slightly to its trek into the record books, but U.S. equity benchmarks mostly struggled to extend a multiday rally to all-time highs, as the financials, technology and energy sector slumped.

What stock benchmarks are doing

The S&P 500 was off by 2 points, or 0.1%, to 2,532, with five of its 11 main sectors trading lower. Technology and financials were leading the losses, while health-care and consumer-discretionary shares lured buyers.

The Dow Jones Industrial Average gained 10 points, or less than 0.1%, to 22,652, on track to post a sixth consecutive gain.

The Nasdaq Composite Index , meanwhile, declined 8 points, or 0.1%, to 6,523, weighed by a slide in shares of iPhone maker Apple Inc. (AAPL).

What could drive markets?

©2017 Morningstar Advisor. All right reserved.