MARKETS

US stocks mark longest ‘bull market’ ever after mixed session

Traders work on the floor of the New York Stock Exchange (NYSE) in New York. (Reuters)

US stocks graduated into the longest-ever “bull market” Wednesday after a mixed session as investors weighed optimism over trade talks with uncertainty generated by US political turmoil.

At the closing bell, the S&P 500 was down less than 0.1 percent at 2,861.87, marking a more than nine-year stretch during which Wall Street avoided a drop of 20 percent from its peak during the stretch.

The Dow Jones Industrial Average fell 0.3 percent to 25,734.89, while the tech-rich Nasdaq Composite Index gained 0.4 percent to 7,891.06.

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Last Update: Thursday, 23 August 2018 KSA 00:29 - GMT 21:29
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