Dow Slips While the S&P 500 Clings to Friday's Record High
4 Articles
4 Articles
The most important US indices remain at record levels, but last week's momentum has weakened, and the fact that progress in the Gulf remains unchanged does not change that.
S&P 500 lost 0.33%, Nasdaq Composite declined 0.60% and the Dow Jones Industrial Average Index fell 0.35%
Dow slips as Hormuz uncertainty, Intel share sale weigh on Wall Street
Wall Street closed slightly lower on Monday as investors weighed renewed uncertainty over the reopening of the Strait of Hormuz, rising oil prices and a busy week of inflation data that could shape expectations for Federal Reserve policy. The Dow Jones Industrial Average fell 60.95 points, or 0.11%, to close at 53,975.98. The S&P 500 slipped 0.06% to 7,753.11 after ending at a record high on Friday, while the Nasdaq Composite declined 0.32% to 2…
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