X

Dow Slips, While Other Indexes Tick Up

It's a mixed day of trading for Wall Street
By Newser Editors and Wire Services
Posted Jan 23, 2020 3:07 PM CST
Dow Slips, While Other Indexes Tick Up
In this Jan. 15, 2020, photo, specialist Peter Mazza works at his post on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Wall Street closed the books on a mixed day of trading Thursday as gains in technology companies offset declines elsewhere in the market. Investors continued to monitor developments in the international effort to keep a deadly new virus outbreak in China from spreading further and potentially hurting the global economy, per the AP. Markets across Asia slumped earlier. The Dow fell 26 points to 19,160, the S&P 500 rose 3 points to 3,325, and the Nasdaq rose 18 points to 9,402.

story continues below

Technology stocks notched the biggest gains. Citrix Systems led all S&P 500 stocks, vaulting 8.5% after the software company reported fourth-quarter earnings and revenue that topped Wall Street's forecasts. Industrial stocks also rose, with several airlines among the gainers. Real estate and utilities companies held onto modest gains as investors shifted money into the safe-play sectors. Health care stocks were the biggest decliners. Edwards LifeSciences, which makes heart valves, dropped 5.2%

(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