- Title: Wall Street ends little changed ahead of holiday
- Date: 26th May 2017
- Summary: NEW YORK, NEW YORK, UNITED STATES (MAY 26, 2017) (REUTERS) (SOUNDBITE) (English) CONVERGEX CHIEF MARKET STRATEGIST, NICHOLAS COLAS, SAYING: "Well, we know we have a very low volume day obviously ahead of the three day weekend. And that always makes stocks churn around, and as you've said, we've had a bit of a winning streak going so it's natural to expect modest pullback. But I wouldn't expect a lot more than what we see right now."
- Embargoed: 9th June 2017 21:20
- Keywords: Memorial Day Dow Jones Industrial Average Convergex Barry Manilow Gross Domestic Product Federal Reserve
- Location: NEW YORK CITY, NEW YORK, UNITED STATES
- City: NEW YORK CITY, NEW YORK, UNITED STATES
- Country: USA
- Topics: Arts / Culture / Entertainment,Economic Events,Sport,Equities Markets
- Reuters ID: LVA0026IH74P9
- Aspect Ratio: 16:9
- Story Text: U.S. stocks ended little changed on Friday (May 26) ahead of the long holiday weekend, though indexes ended a two-week streak of losses and consumer shares were strong for a second day. The S&P 500 and Nasdaq also eked out record closing highs, and the S&P 500 posted a seventh straight session of gains, matching a winning streak from February.
Helping the consumer staples index, Costco Wholesale rose 1.8 percent to $177.86 and was among the biggest drivers of the S&P and Nasdaq indexes. The warehouse club operator reported results Thursday (May 25).
The U.S. market will be closed on Monday for Memorial Day.
The Dow Jones Industrial Average ended down 2.67 points, or 0.01 percent, to 21,080.28, the S&P 500 gained 0.75 points, or 0.03 percent, to 2,415.82 and the Nasdaq Composite added 4.94 points, or 0.08 percent, to 6,210.19. - Copyright Holder: REUTERS
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