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Wall Street edges down but still hovers near record highs

Economies.com
2024-11-12 15:30PM UTC

Most US stock indices fell mildly on Tuesday but still hovered near recent record highs as investors await remarks by several Fed officials. 

 

US stock indices closed at record highs yesterday, with S&P 500 edging above 6000 points for the first time ever.

 

The gains came amid a wave of optimism about Donald Trump’s upcoming presidency and his stance on supporting growth through tax and regulation cuts. 

 

On trading, Dow Jones fell 0.2% as of 15:27 GMT, or 114 points to 44,180 points, while S&P 500 edged down 0.1%, or 3 points to 5998 points, as NASDAQ rose 0.1%, or 14 points to 19,312 points.

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