Wednesday, 7 April 2021: US equity markets settled with modest losses
Apr 6, 2021 ·
6m 5s
![Wednesday, 7 April 2021: US equity markets settled with modest losses](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/cd28525abfd602a496c37176cbece14f.jpg)
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Description
US equity markets settled with modest losses a day after both the Dow and S&P500 recorded fresh record closing highs – Dow eased -97-points or -0.29% a day after logging...
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US equity markets settled with modest losses a day after both the Dow and S&P500 recorded fresh record closing highs – Dow eased -97-points or -0.29% a day after logging its 18th record closing high (33,527.19) of 2021. The broader S&P500 slipped -0.10% after touching a fresh record intra-day high (4,081.37), snapping a three session winning streak that lifted the index to a record closing high (4,077.91) a day earlier. Information Technology (down -0.38%) and Health Care (-0.36%) led five of the eleven primary sectors lower, while Utilities (up +0.53%) was the leading primary sector performer. Shares of airlines (Delta Air Lines up +2.8%) and cruise lines (Carnival Corp +1.74% and Norwegian Cruise Line Holdings +4.61%) continued to trade strongly. The Nasdaq dipped -0.05% after logging three straight session gains of over >1.5%. The small capitalisation Russell 2000 index lost -0.25%.
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Information
Author | Morgans Financial Limited |
Website | - |
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