While you were sleeping: Fresh record highs

Tue, 22 Nov 2016

By Margreet Dietz Nov. 23 (BusinessDesk) - Wall Street seesawed after reaching fresh record highs earlier in the day amid bets on an upbeat outlook for economic and corporate profit growth, while oil prices slid on a stalemate between Iran and Iraq on production cuts. In 1.15pm trading in New York, the Dow Jones Industrial Average rose 0.16 percent, while the Nasdaq Composite Index added 0.23 percent. In 1pm trading, the Standard & Poor’s 500 Index inched 0.01 percent lower. Wall Street earlier touched fresh record highs, with the Dow...

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