Stock market loses traction in positive territory Monday afternoon as benchmarks skid to session lows
U.S. stocks in midday Monday action skidded to their lows of the session, weighed by losses in health care and technology shares. The Dow Jones Industrial Average was down less than 0.1% at 26,792, the S&P 500 index fell 0.2%, while the Nasdaq Composite Index , known as an index laden with information technology names, was down 0.5% at 8,061. The Dow had hit a high at 26,900, the S&P 500 touched an intraday peak at 2,989, while the Nasdaq hit a Monday apex of 8,131, before losing momentum and turning negative. The S&P 500's health-care sector was down 1.1%, while the tech group was 0.9% lower, those losses were more than offsetting gains in energy , up 1.3%, and financials , rising 1.1%. To be sure, declines for the market were still relatively slight.
Published:9/9/2019 11:52:16 AM