News Formal

Stocks close lower, Dow and S&P 500 dip below record highs

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 45 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

Julie Hyman News

Market Averages,Record Highs,Market Domination

On the heel of record highs, market averages (^DJI, ^IXIC, ^GSPC) are falling back below their historic benchmarks. The Dow Jones Industrial Average falls...

Let's get you up to speed on the action from today's session sponsored by Tasty Trade, let's start with where the major averages ended.We touched down 40,000 earlier in the day between 10 and 11 a.m. And then we didn't stay there.

If we look at the Dow components to see kind of what happened here and what dragged things down, I'm going to equal weight just to give us a look here.Caterpillar down 2.5% Home Depot, Amazon and Sales Force rounding out from the week performers, Wal Mart numbers and the stock rising after its earnings was not enough to salvage the Dow here and then I also want to take a look at the sectors within the S and P 500.

The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.This dividend stock offers a high yield and significant long-term growth potential. It's also one of the safest stocks you can buy. The post Why I Continue Buying Shares of This Healthy and Secure 5.3%-Yielding Dividend Stock appeared first on The Motley Fool Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks: S&P 500 jumps above 5,300, Dow rises by 350 pointsThe S&P 500 (^GSPC) has breached above 5,300 on a day when all three of the major indices (^DJI, ^IXIC) closed the session higher. Market Domination Host...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow nabs 8th straight winning session, S&P 500 marches back toward record highInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow pops for 7th straight day as S&P 500 climbs back above 5,200Stocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »