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Dow slips 100 points after Monday's monster rally, Walgreens falls


Tuesday, 2 April 2019 23:42 WIB

DOW JONES Standard & Poor's 500Saham AS


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Stocks fell on Tuesday as investors digested a strong rally from the previous session, while a decline in Walgreens Boots Alliance shares also dampened sentiment.

The Dow Jones Industrial Average declined 108 points as Walgreens Boots Alliance lagged. The S&P 500 and Nasdaq Composite, meanwhile, dipped 0.2 percent and 0.1 percent, respectively.

Consumer staples was the worst-performing sector in the S&P 500, sliding about 0.7 percent. Materials was the only positive sector, rising 0.2 percent.

The moves come after strong manufacturing data out of the U.S. and China raised sentiment during Monday’s session, with the Dow closing above 26,000 points for the first time since Feb. 26. The 30-stock index also gained more than 300 points on Monday, while the S&P 500 and Nasdaq both rallied more than 1 percent.

Source: CNBC


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