Nasdaq and S&P shares up – New York Report
THE S&P 500 and Nasdaq yesterday ended up slightly, breaking a three-day string of falls that marked their worst losses since 2011.
The Dow, however, finished lower for a fourth session on lingering worries about global demand.
While the S&P closed in positive territory, it was well off its session highs of more than one per cent and did little to put investors at ease about the market’s recent selloff.
The Dow Jones industrial average fell 5.88 points, or 0.04 per cent, to 16,315.19, the S&P 500 gained 2.96 points, or 0.16 per cent, to 1,877.7 and the Nasdaq Composite added 13.52 points, or 0.32 per cent, to 4,227.17.
American Airlines and JetBlue turned in two of the airline sector’s best performances, soaring by 10.3 per cent and 8.7 per cent, respectively.