Wall Street Gives Up Early Gains As Energy Weighs On Stocks - Dollar Advisory & Financial Services

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Wednesday 14 November 2018

Wall Street Gives Up Early Gains As Energy Weighs On Stocks

Wall Street struggled for momentum on Tuesday, giving up early gains as a rebound in technology stocks and renewed hope for progress in trade talks were offset by drops in Boeing and energy stocks. Boeing Co reported a 37 percent increase in 737 deliveries in October but shares fell on concerns related to last month’s deadly crash of a 737 operated by Indonesia’s Lion Air. The stock was last down 2.6 percent, providing the biggest drag on the Dow.
Energy stocks weighed heaviest on the S&P 500, driven down after crude prices fell 7.2 percent. Technology bounced back from recent losses, edging the Nasdaq into positive territory. U.S.-China trade tensions enjoyed a reprieve as negotiations between the world’s two largest economies appeared to be making headway. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

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