Dow slips 100 points after Monday's monster rally, Walgreens falls
Tuesday, 2 April 2019 23:42 WIB |
MARKET UPDATE |DOW JONES Standard & Poor's 500Saham AS
Stocks fell on Tuesday as investors digested a strong rally from the previous session, while a decline in Walgreens Boots Alliance shares also dampened sentiment.
The Dow Jones Industrial Average declined 108 points as Walgreens Boots Alliance lagged. The S&P 500 and Nasdaq Composite, meanwhile, dipped 0.2 percent and 0.1 percent, respectively.
Consumer staples was the worst-performing sector in the S&P 500, sliding about 0.7 percent. Materials was the only positive sector, rising 0.2 percent.
The moves come after strong manufacturing data out of the U.S. and China raised sentiment during Monday™s session, with the Dow closing above 26,000 points for the first time since Feb. 26. The 30-stock index also gained more than 300 points on Monday, while the S&P 500 and Nasdaq both rallied more than 1 percent.
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