The benchmark S&P 500 edged lower on Tuesday, as investors paused in the wake of...
The S&P 500 and the Nasdaq closed at record highs for a second session on Monday, while the Dow hit a record high for the first time since July.
Data on Tuesday showed the reading on the ISM services index improved to 54.7 in October from 52.6 in September, above expectations of 53.4, according to economists polled by Reuters, easing concerns that a slowdown in the manufacturing sector was spreading to other parts of the economy. A 2.05% rise in Boeing Co’s shares provided the biggest boost to the blue-chip Dow Jones index after Chairman Dave Calhoun said the company’s board believed CEO Dennis Muilenburg “has done everything right” following two fatal crashes of its 737 MAX jet.
Uber Technologies Inc fell 9.85% as the ride-hailing service posted a bigger third-quarter loss from a year earlier.
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