S&P, Nasdaq drop as tech rally ends

S&P, Nasdaq drop as tech rally ends

NEW YORK (Reuters) - The S&P and Nasdaq fell on Thursday, as the technology sector snapped a rally and investors turned to safer bets while keeping an eye on global trade tensions and awaiting next week's U.S. and European central bank meetings.

The Dow Jones Industrial Average <.DJI> rose 94.81 points, or 0.38 percent, to 25,241.2, the S&P 500 <.SPX> lost 1.98 points, or 0.07 percent, to 2,770.37 and the Nasdaq Composite <.IXIC> dropped 54.17 points, or 0.7 percent, to 7,635.07.

(Reporting by Sinéad Carew; and Leslie Adler)

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

Updated Date: Jun 08, 2018 02:05 AM

Also Watch

Social Media Star: Abhishek Bachchan, Varun Grover reveal how they handle selfies, trolls and broccoli
  • Monday, July 16, 2018 It's a Wrap: Soorma star Diljit Dosanjh and Hockey legend Sandeep Singh in conversation with Parul Sharma
  • Monday, July 16, 2018 Watch: Dalit man in Uttar Pradesh defies decades of prejudice by taking out baraat in Thakur-dominated Nizampur village
  • Monday, July 16, 2018 India's water crisis: After govt apathy, Odisha farmer carves out 3-km canal from hills to tackle scarcity in village
  • Sunday, July 15, 2018 Maurizio Sarri, named as new Chelsea manager, is owner Roman Abramovich's latest gamble in quest for 'perfect football'

Also See