Dow, S&P Fall As Amazon Lifts Nasdaq
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2020-04-14 HKT 04:35
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The Nasdaq registered its first three-day streak of gains since February 12.
The S&P banking subsector fell, with JPMorgan Chase and Wells Fargo set to report on Tuesday and analysts expecting a bleak outlook for the year.
Volume was lighter than usual with European and other markets still closed following Easter Sunday, but investors "also are facing another phase for the market, and that is the earnings season," said Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey.
The Dow Jones Industrial Average fell 1.39 per cent, to 23,391, the S&P 500 lost 28 points, or one per cent, to 2,762 and the Nasdaq Composite added 39 points, or 0.48 per cent, to 8,192. (Reuters)
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