While you were sleeping: Dow hits fresh record

Tue, 01 Aug 2017

By Margreet Dietz Aug. 2 (BusinessDesk) - Wall Street advanced, with the Dow Jones touching a fresh record high, as better-than-expected corporate earnings bolstered the mood. After the bell, Apple is set to reports its latest quarterly results. The stock traded 0.3 percent higher at US$149.20 as of 3.27pm in New York. "It's tech or bust. It's the have and have-nots," Jake Dollarhide, chief executive officer of Longbow Asset Management, referring to the tech sector's outsized gains in recent months, told Reuters. In 3.30pm trading...

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