While you were sleeping: Wall St slips from record

Mon, 28 Nov 2016

By Margreet Dietz Nov. 29 (BusinessDesk) - Wall Street fell from record highs, while Treasuries rose, as investors locked in some profits from the post-US-election rally. In 1.11pm trading in New York, the Dow Jones Industrial Average fell 0.2 percent, while the Nasdaq Composite Index declined 0.3 percent. In 12.56pm trading, the Standard & Poor’s 500 Index slipped 0.2 percent. "US stocks have soared since the election," Adam Sarhan, chief executive at 50 Park Investments, told Reuters. “At this point, it would be perfectly normal to s...

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