S&P 500, Dow ease back after hitting new highs - News Summed Up

S&P 500, Dow ease back after hitting new highs


On the Nasdaq, 1,190 issues rose and 1,116 fell.The S&P 500 index showed 40 new 52-week highs and no new lows, while the Nasdaq recorded 64 new highs and four new lows. ET the Dow Jones Industrial Average was up 9.17 points, or 0.05 percent, at 18,356.84.The S&P 500 was down 0.07 points, or roughly flat, at 2,152.07.The Nasdaq Composite was up 0.48 points, or 0.01 percent, at 5,023.30. "After the substantial rally, the markets are now looking for added fuel. The Fed at 2 p.m. ET will release its so-called Beige Book, a collection of remarks on the health of the economy, which investors will parse to see if fundamentals remain strong.Advancing issues outnumbered decliners on the NYSE by 1,388 to 1,281.


Source: Economic Times July 13, 2016 14:03 UTC



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