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WALL STREET ENDS FLAT AS FINANCIALS' RISE OFFSETS TECH DROP

  • Writer: Editor Desk
    Editor Desk
  • Nov 14, 2016
  • 1 min read

U.S. stocks closed little changed on Monday after rising dramatically the week before and a decline in the technology sector offset a steep rise in financial stocks as investors bet on higher interest rates. After choppy trading late in the session, the Dow ended at a record high while the S&P 500 and the Nasdaq Composite dipped. "I think all we're doing is trimming our sails a little from the violently positive rally we had post-election results last week," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.

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