S&P slips despite massive rally in energy shares | Reuters - Firstpost
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S&P slips despite massive rally in energy shares | Reuters

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NEW YORK U.S. stocks edged lower on Wednesday as declines in technology more than offset a rally in the energy sector, but major indexes posted solid gains for the month on the back of a rally following the U.S. presidential election.The Dow Jones industrial average rose 1.98 points, or 0.01 percent, to 19,123.58, the S&P 500 lost 5.85 points, or 0.27 percent, to 2,198.81 and the Nasdaq Composite dropped 56.24 points, or 1.05 percent, to 5,323.68.

For the month, the Dow gained 5.4 percent, the S&P added 3.4 percent and the Nasdaq Composite rose 2.6 percent.

(Reporting by Caroline Valetkevitch; Editing by Nick Zieminski)

This story has not been edited by Firstpost staff and is generated by auto-feed.

First Published On : Dec 1, 2016 03:15 IST

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