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Trade optimism, energy stocks lift Dow; tech slide hits Nasdaq


By Shreyashi Sanyal(Reuters) - The Nasdaq fell on Wednesday, weighed down by a drop in Apple and other companies on fears of further regulation, while a rise in energy stocks and a report of fresh U.S.-China trade talks helped keep the S&P afloat and boosted the Dow Industrials.Washington has proposed a new round of trade talks with Beijing before the Trump administration implements additional tariffs on Chinese imports, the Wall Street Journal reported.The trade-sensitive industrials sector gained on the news and was last up 0.56 percent. Boeing rose 2.6 percent and Caterpillar 0.9 ...

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First Published: Wed, September 12 2018. 21:25 IST