While you were sleeping: Nasdaq touches record

Mon, 20 Mar 2017

By Margreet Dietz March 21 (BusinessDesk) - Wall Street moved lower, after the Nasdaq touched a record high earlier in the day, as investors looked for fresh guidance on interest rate hikes from a slew of Federal Reserve policy makers speaking this week. Shares of Apple climbed to a record after Barron’s published an article predicting the stock could rise 10 percent in six months. The stock, which earlier rose as high as US$141.34, traded 0.9 percent higher at US$141.18 as of 1.26pm in New York. Speeches by a host of Fed speakers, i...

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