Wall Street Limps Higher For Yet Another Record

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2019-05-01 HKT 04:31

Share this story

facebook

  • After a lacklustre session, the Standard & Poor's 500 rose in the final minutes to end at another record. File photo: AP

    After a lacklustre session, the Standard & Poor's 500 rose in the final minutes to end at another record. File photo: AP

But major indexes spent much of the day wobbling or lower, and the S&P 500 only edged up in the last few minutes of trading.

Internet companies were especially weak after Google's parent company, Alphabet, slumped 7.5 percent after the search giant reported a slowdown in revenue growth.

Household goods makers and utilities notched gains.

The S&P 500 rose 0.1 percent, to 2,945.

The Dow Jones Industrial Average rose 0.1 percent to 26,592. The Nasdaq fell 0.7 percent to 8,107. (AP)

RECENT NEWS

US Stocks Rise On Hopes Of Pause In Rate Increases

Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more

China's Financial Risks 'controllable': Regulators

The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more

Banks Cut Yuan Deposit Rates, Could Boost Consumption

China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more

Cheese And Wine Put EU, Australia Deal In Peril

Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more

US Stocks End Mixed As Tech Shares Are Sold Off

Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more

Amazon 'plans Prime Video Streaming Service With Ads'

Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more