Bank, Tech Stocks Give Markets a Lift

Dow rises 67 points
By Newser Editors and Wire Services
Posted Apr 16, 2019 3:17 PM CDT
Bank, Tech Stocks Give Markets a Lift
Trader Andrew Silverman, center, works on the floor of the New York Stock Exchange in this file photo.   (AP Photo/Richard Drew, File)

(Newser) – Stocks edged higher on Wall Street Tuesday, erasing the market's modest losses from a day earlier. Banks and technology companies rose the most, while health care stocks closed broadly lower. The S&P 500 index edged up 1 point, or 0.1%, to 2,907, per the AP. The Dow Jones Industrial Average added 67 points, or 0.3%, to 26,452. The Nasdaq rose 24 points, or 0.3%, to 8,000. Also of note: Citigroup rose 2.9% and JPMorgan Chase climbed 1.1%, but UnitedHealth Group sank 4%. Chipmaker Qualcomm soared 23% in heavy trading after announcing that it had settled its longstanding legal dispute with Apple.

(Read more stock market stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X