Dow Breaks 8-Day Winning Streak

Wednesday, 16 May 2018 03:25 WIB

DOW JONESS & P 500Saham AS


U.S. equity markets closed solidly lower on Tuesday with the Dow industrials halting their eight-day advance.

The selling on Wall Street was accompanied by a rise in bond yields, with the 10-year Treasury yield topping 3.07%. The Dow Jones Industrial Average lost 193.07 points, or 0.8%, to 24,706.34, putting an end to a 8-day rally, the longest since last September. The S&P 500 index fell 18.69 points, or 0.7% to 2,711.44.

Meanwhile the Nasdaq Composite declined 59.69 points, or 0.8% to 7,351.63. Among the worst performers on the S&P 500, Agilent Technologies shares dropped nearly 10% after the maker of medical instruments and other equipment posted quarterly earnings that matched forecasts late Monday.

Source : Market Watch


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