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U.S. stocks end mixed, Dow Jones loses more than 300 points
Lola Evans
05 Aug 2021, 06:09 GMT+10
The Standard and Poor s 500 hit a new intraday high but closed off 20.49 points or 0.46 percent at 4,402.66.
The Dow Jones industrials shed 323.73 points or 0.92 percent to 34,792.67.
The Nasdaq Composite edged up 19.24 points or 0.13 percent to 14,780.53.
NEW YORK, New York - U.S. stocks were mixed on Wednesday. The market is expensive where it is and people are worried about any chance of inflation and rates going higher, which would justify a little bit of compression of multiples, Olivier Sarfati, head of equities at GenTrust told Reuters Thomson Wednesday.