Wall Street opens mixed with a tilt higher

Economies.com
2018-11-13 15:53PM UTC

US stock indices opened the second session of the week mixed with the tech sector leading the charge higher on short-covering after sustaining hefty losses recently, while Home Depot and Boeing led the losses in the Dow. 

 

Now Investors await Federal Reserve Bank of San Francisco President Mary Daly's speech about the economic outlook at the Regional Economic Development for Eastern Idaho Conference, later today.

 

Yesterday, Federal Reserve Bank of San Francisco President Mary Daly dismissed concerns over the latest tumbles in the stock market, adding there was consensus that stocks were overvalued and a correction was a positive development overall.  

 

Stock Performance  

 

As of 03:46 GMT, Standard and Poor's 500 rose 0.16%, or 5.64 points to 2,731.86, while Dow Jones declined 0.39%, or 98.42 points to 25,288.76. 

 

Tech-heavy NASDAQ rose 0.52%, or 37.38 points to 7,238.25. 

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