Wall Street ends higher, helped by banks, industrials

Image
Reuters NEW YORK
Last Updated : Nov 11 2016 | 2:48 AM IST

NEW YORK (Reuters) - Bank stocks and industrials surged on Thursday, pushing the Dow to a record closing high, while Apple and other technology shares sank as Wall Street rearranged its bets to benefit from Donald Trump's presidency.

Based on the latest available data, the Dow Jones industrial average was up 218.73 points, or 1.18 percent, to 18,808.42, the S&P 500 had gained 4.31 points, or 0.2 percent, to 2,167.57 and the Nasdaq Composite had dropped 42.28 points, or 0.81 percent, to 5,208.80.

(Reporting by Caroline Valetkevitch; Editing by James Dalgleish)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 11 2016 | 2:36 AM IST

Next Story