NEW YORK: Wall Street stocks finished lower Wednesday (Thursday in Manila) as anxiety over Republican Donald Trump’s move higher in presidential election polls pressured markets. Energy shares dropped after a record build in US oil inventories, while Amazon and Google-parent Alphabet were among the weak links in technology. The broad-based S&P 500 dropped 0.7 percent to 2,097.94, while the tech-rich Nasdaq Composite Index fell 0.9 percent to 5,105.57. US oil prices fell nearly 3 percent after commercial oil inventories surged by 14.4 million last week. In technology shares, Brocade Communication Systems jumped 9.6 percent on news it will be acquired by semiconductor company Broadcom for $5.9 billion.

Source: Manila Times November 03, 2016 04:58 UTC