While you were sleeping: Oil weighs on Dow

Mon, 09 Jan 2017

By Margreet Dietz Jan. 10 (BusinessDesk) - The Dow and S&P 500 fell from record highs as energy stocks moved lower with the price of oil, while the Nasdaq hit a fresh high and US Treasuries strengthened. Wall Street was mixed In 1.20pm trading in New York, the Dow Jones Industrial Average slipped 0.2 percent, while, in 1.05pm trading, the Standard & Poor’s 500 Index inched 0.1 percent lower. However, the Nasdaq Composite Index rose 0.3 percent as of 1.20pm. It touched a record high 5,541.08. In the Dow, declines in shares of Exxon Mob...

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