Markets in the U.S. have been trading modestly lower all morning and are heading into the lunch break trading just off their session lows as they look ready to snap a four-day winning streak.
At noon on Wall Street, the S&P 500 is trading lower by 0.29%, the Dow is off by 0.23%, the Nasdaq has fallen 0.24%, and the Russell 2000 is sporting a 0.91% loss.
Transportation shares in the airline and railroad space are
U.S. markets are hovering near their session lows half way through the lunch hour on Wall Street Friday, though losses are quite modest at this point.
The S&P 500 is trading down by 0.23%, with the Dow 0.22% lower and the Nasdaq losing 0.22% as well.
Ten of the eleven S&P sectors are trading in the red currently, with only the oil-sensitive energy sector trading higher. The technology sector continues to flirt with unchanged levels, having
U.S. markets are back on the move higher, trading near their session highs as the lunch hour begins on Wall Street.
Currently, the S&P 500 is trading higher by 0.49%, with the Dow higher by 0.11% and the Nasdaq up by 0.70%.
The financial sector is back in the lead as investors remain excited about the prospects for banks and other financial institutions as the U.S. prepares for a Donald Trump administration.
The consumer discretionary space
U.S. markets are mixed as they come out of the lunch hour, with the battered technology sector taking the lead today as investors take profits from other areas of the market.
Near the end of the lunch hour the S&P 500 is trading near its session low with a loss of 0.31%. The Dow is likewise trading near a session low as it has fallen 0.44%. The Nasdaq is being supported by the gains from technology
The US stock market closed Tuesday trading higher due to the strengthening of the oil and gas, telecommunications and utilities sectors.
At the close on the New York Stock Exchange, Dow Jones rose 0.29%, reaching a historic high, S&P 500 index rose 0.75%, and NASDAQ Composite Index rose 1.10%.
The leaders of growth among the Dow Jones index components were the shares of Verizon Communications Inc. (NYSE: VZ), which rose 1.19 p (2.58%), closing
The Dow Jones started the session at record high levels as stocks and futures are further benefiting from Donald Trump’s election victory. Dow Jones registered the biggest gain since December 2011 and jumped to 18,918.68 on opening before slipping back.
Financial stocks helped the rally, with Goldman Sachs and JP Morgan among the biggest gainers. The broader S&P 500 index added 2.16 points to 2,166.61.
Shares in automotive electronics-maker Harman International Industries jumped by a quarter