The Business Times

US: Dow ends at record again, but tech sell-off hits Nasdaq

Published Wed, Nov 29, 2017 · 10:04 PM

[NEW YORK] Strong gains by banks helped propel the Dow to a second straight record on Wednesday following robust US growth data, but high-flying technology shares tumbled, denting the Nasdaq.

At the closing bell, the Dow Jones Industrial Average stood at 23,940.45, up 0.4 per cent, beating Tuesday's record finish.

The broad-based S&P 500 slipped from the previous day's record close to end at 2,626.00, while the tech-rich Nasdaq Composite Index sank 1.3 per cent to 6,824.34.

AFP

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here