While you were sleeping: China weighs on Wall Street

Wed, 12 Aug 2015

By Margreet Dietz Aug. 13 (BusinessDesk) - Wall Street was mixed, recovering from steeper losses earlier in the session, as investors reassessed the impact of China’s currency devaluation on Tuesday. In late trading in New York, the Dow Jones Industrial Average declined 0.2 percent, the Standard & Poor’s 500 Index fell 0.1 percent. The Nasdaq Composite Index eked out a 0.1 percent gain. In the Dow, slides in shares of JPMorgan Chase and those of Boeing, last down 2 percent and 1.6 percent respectively, outweighed gains in shares of In...

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