Dow ends below 30,000 mark ahead of Thanksgiving
U.S. stocks finished mostly lower on Wednesday as trading volumes dwindled before the Thanksgiving holiday. The S&P 500 fell 0.2% to end around 3,630. The Dow Jones Industrial Average slipped 174 points, or 0.6%, to 29,872, based on preliminary numbers. The Nasdaq Composite rose 0.5% to finish near 12,094. Investors saw some mixed economic data, with personal incomes falling short of expectations but housing-market data showing continued strength. In the absence of positive market catalysts, tech shares outperformed their blue-chip counterparts in the Dow and S&P 500 benchmarks. Shares of Deere (DE) took a hit even though the maker of agriculture equipment reported sales and earnings that beat expectations.
-Sunny Oh; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
November 25, 2020 16:05 ET (21:05 GMT)
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