Dow Ends Day Up 40

S&P 500 edges up, Nasdaq closes little changed
By Newser Editors and Wire Services
Posted Oct 17, 2017 3:16 PM CDT
Trader Gregory Rowe works on the floor of the New York Stock Exchange, Monday, Oct. 16, 2017.   (AP Photo/Richard Drew)

(Newser) – Stocks are closing slightly higher Tuesday as two major indexes reached new records, the AP reports. Industrial companies and banks slid. Boeing fell 0.4% after rival aircraft maker Airbus took a majority stake on Bombardier's C-series passenger jets. Netflix sank 1.4% as investors worried about its mounting spending on programming. Health care companies rose. UnitedHealth Group, the country's biggest health insurer, jumped 5.5% after reporting a strong quarter. The Standard & Poor's 500 index gained 1.7 points to 2,559. The Dow Jones industrial average rose 40 points, or 0.2%, to 22,997. The Nasdaq composite was little changed at 6,624. More stocks fell than rose on the New York Stock Exchange. (Read more stock market stories.)

My Take on This Story
Show results without voting  |