Wall Street bound in sideways trading

Economies.com
2017-01-10 15:28PM UTC

U.S. stock indices opened little changed on Tuesday, moving in sideways trading as markets await US. President-elect Donald Trump's press conference, expected to showcase some important issues for the economy.
 
Investors prefer to wait currently before making new moves, specially amid expectations of new policies to boost U.S. growth.
 
Markets moved little recently as traders close off their positions to take profits after stocks hit record highs, while investors brace for new growth policies from Trump.
 
On the other hand, the dollar fell against main currencies for the second straight day, trading near a three-week low on profit-taking, which contributed to Wall Street's wavering.
 
Standard and Poor's 500 fell 0.06%, or 1.41 points to 2,267.49, while Dow Jones shed 0.10%, or 20.86 points to 19,866.52.
 
Tech-heavy NASDAQ climbed 0.01%, or 0.50 points to 5,532.32.

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