2 weeks Ago
U.S. stocks slipped as the market’s big burst following Donald Trump’s election continued to cool.
The S & P 500 dipped 0.6% Thursday. The Dow Jones Industrial Average dropped 0.
5%, and the Nasdaq composite sank 0.6%. Several areas of the market that had bounced highest following Trump’s election reversed their momentum and led the way lower.
Short-term Treasury yields swung following the latest economic reports before rising after Chair Jerome Powell said the Federal Reserve is not in a hurry to cut interest rates. On Thursday: The S & P 500 fell 36.21 points, or 0.
6%, to 5,949.17. The Dow Jones Industrial Average fell 207.
33 points, or 0.5%, to 43,750.86.
The Nasdaq composite fell 137.07 points, or 0.6%, to 19,107.
65. The Russell 2000 index of smaller companies fell 32.43 points, or 1.
4%, to 2,336.94. For the week: The S & P 500 is down 46.
37 points, or 0.8%. The Dow is down 238.
13 points, or 0.5%. The Nasdaq is down 179.
13 points, or 0.9%. The Russell 2000 is down 62.
70 points, or 2.6%. For the year: The S & P 500 is up 1,179.
34 points, or 24.7%. The Dow is up 6,061.
32 points, or 16.1%. The Nasdaq is up 4,096.
30 points, or 27.3%. The Russell 2000 is up 309.
86 points, or 15.3%..
