- Title: Nasdaq winning streak ends, Dow ekes out record
- Date: 27th December 2019
- Summary: NEW YORK, NEW YORK, UNITED STATES (DECEMBER 27, 2019) (REUTERS) (SOUNDBITE) (English) REGENTATLANTIC, PARTNER AND CO-HEAD OF INVESTMENTS, ANDY KAPYRIN, SAYING: "So, I would say that the last few days of the year, last year being the exception, tend to be good for the market, and it's mostly because it happens on very low volume. Most of the trading activity that does happen tends to be folks looking to put cash to work from year-end bonuses and such, trying to shore up their investment accounts. It's a good time to, say, spring load your 401 K contributions. And, I think, that's what we're seeing late this year is folks putting cash to work, having experienced a really good year in the market and a really good year in many cases in their career."
- Embargoed: 10th January 2020 21:08
- Keywords: Andy Kapyrin Dow Jones Industrial Average Nasdaq Composite President Donald Trump RegentAtlantic S&P 500 U.S. stocks U.S.-China trade equities stock market tariffs trading
- Location: NEW YORK, NEW YORK, UNITED STATES
- City: NEW YORK, NEW YORK, UNITED STATES
- Country: USA
- Topics: Economic Events,Equities Markets
- Reuters ID: LVA002BBR4XAL
- Aspect Ratio: 16:9
- Story Text: The S&P 500 ended little changed on Friday (December 27) and the Nasdaq ended an 11-day streak of gains after some late-session weakness, although the Dow managed to eke out another record as investors paused after a year-end rally.
The Dow Jones Industrial Average rose 23.53 points, or 0.08%, to 28,644.92, the S&P 500 gained 0.07 points, or 0.00%, to 3,239.98 and the Nasdaq Composite dropped 15.77 points, or 0.17%, to 9,006.62.
(Production: Aleksandra Michalska)
- Copyright Holder: REUTERS
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