While you were sleeping: Wall St pauses after Dow climbs to record

Thu, 18 Jan 2018

By Margreet Dietz Jan. 19 (BusinessDesk) - Wall Street was mixed, after the Dow rose to a record high earlier in the day, as the latest corporate earnings proved a mixed bag too. While Morgan Stanley’s quarterly results exceeded expectations, those of Alcoa failed to meet the mark. Morgan Stanley shares rose 0.3 percent in early afternoon trading in New York, while those of Alcoa slumped 8.6 percent. In 1.19pm trading in New York, the Dow Jones Industrial Average slid 0.4 percent. However, the Nasdaq Composite Index inched 0.04 perce...

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