Home / Market Update / Global Stock Market / Wall Street Recovers Earlier Losses and Finishes Mostly at New Record Highs

Wall Street Recovers Earlier Losses and Finishes Mostly at New Record Highs

The main indices of the New York Stock Exchange (NYSE) continued to show a mixed performance, with Wall Street investors seemingly not paying much attention to the disappointing economic data in the U.S. and China.

The Dow Jones Industrial Average closed higher by 110.02 points, or 0.31%, at 35,625.4 points, while the S&P 500 leveled up by 11.71 points, or 0.26%, at 4,479.71 points, the healthcare sector led gains by adding 1.1%, with utilities and consumer staples also finishing higher.

Both indices managed to settle at new record-high closing levels for the fifth straight session, reversing earlier losses.

On the other hand, the Nasdaq Composite index lost 29.14 points, or 0.2%, to close at 14,793.76 points.

Check Also

European Stocks Slip as Hormuz Chaos Eclipses Ceasefire; L’Oréal Defies Gloom with 8% Surge

Key Takeaways: Broad market dip: The Stoxx 600, DAX, and FTSE 100 all posted morning …