NEW YORK: Wall Street stocks finished mostly lower on Wednesday with health insurers under pressure as markets continued to take a pause after a nearly two-month surge.Advertisement
Analysts have been girding for a retreat or pause after US stocks gained nearly 20 per cent since late December. Investors took in stride a second day of testimony from Federal Reserve Chair Jerome Powell and a hearing with US Trade Representative Robert Lighthizer, who reported"real progress" on talks with China, but saidPresident Donald Trump's former attorney, Michael Cohen, revealed a litany of charges about his former boss in an explosive hearing that captivated political observers but did not appreciably move stocks.
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