Wall Street steadies near record highs
2017-02-16 16:04:00 GMT (Economies.com)
Wall Street steadies near record highs

U.S. stock indices steadied at the open today, inching down to gather momentum after hitting record highs recently and triggering profit-taking efforts ahead of the weekend.
 
U.S. president Donald Trump about finishing up a "phenomenal" corporate tax plan helped stocks surge recently, adding to Fed Chair Yellen's bullish statements about the U.S. economy.
 
But after Yellen kept the door open for a rate hike in the Fed's next March meeting, stocks dithered and traders started closing their positions to collect profits.
 
The dollar returned lower today for the second session in a row, after hitting a five-week high yesterday, which buoys shares of American exporters and pushes Wall Street into a dithering state.
 
Standard and Poor's 500 fell 0.16%, or 3.67 points to 2,345.58, while Dow Jones inched down 0.02%, or 4.71 points to 20,607.15.
 
Tech-heavy NASDAQ added 0.01%, or 0.13 points to 5,819.57.

 
 
 
  Symbol Last Change Chg.%
1.0787
-0.0024
0.2262%
1.2436
-0.0016
0.1305%
18.138
-0.048
0.261%
48.775
0.315
0.650%
51.71
0.38
0.74%
1252.130
0.580
0.046%