October 5, 2022

AndronETalksNews

AndronETalksNews

US stocks drop after seven consecutive record highs

CNN

Updated 4:16 PM ET, Tue July 6, 2021

New York (CNN Business)Wall Street has been on fire the past several weeks, with the S&P 500 setting seven consecutive record highs through Friday’s close. That streak came to an end Tuesday.

The Dow fell 209 points, or 0.6%. The index had been down by as much as 427 points at one point before cutting its losses.
The S&P 500 dipped 0.2% after logging its longest string of records since 1997. The Nasdaq, on the other hand, gained 0.2% to close at a record high.
 

 

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