S&P 500 Ekes Out a Record

Other US indexes slip
By Newser Editors and Wire Services
Posted Nov 14, 2019 3:04 PM CST
Trader Thomas Ferrigno works on the floor of the New York Stock Exchange, Thursday, Nov. 14, 2019.   (AP Photo/Richard Drew)

(Newser) – The S&P 500 has eked out a new record on an otherwise uneventful day on Wall Street, the AP reports. The benchmark index closed with a gain of 2 points at 3,096, its third straight increase after a decline on Monday. Consumer-focused stocks, including Target and Lowe’s, were the best performers, offsetting declines in technology and energy companies. Cisco Systems dropped 7.3% after giving investors a surprisingly weak revenue forecast. Overall, there was a lack of market-moving news Thursday. Investors are still awaiting more details on the status of trade talks between the US and China. The Dow Jones Industrial Average fell 1 point to 27,781 after dropping around 100 points earlier. The Nasdaq fell 3 points to 8,479. (Read more stock market stories.)

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