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Wall Street ends at record high, led by financial stocks; Apple weighs

The iPhone maker was the second-biggest drag on the S&P behind McDonald's


The major Wall Street indexes hit record closing highs on Tuesday, with financial stocks leading the charge, but gains were stunted by a decline in Apple Inc shares after it unveiled its latest line of iPhones. The S&P 500, Dow Jones industrials and Nasdaq Composite clocked record closes, with investors drawn to riskier assets as concerns about US tensions with North Korea eased and the financial impact from Hurricane Irma appeared less severe than was feared last week. After the closing bell, Nordstrom shares jumped 8.8 percent after reports that the high-end retailer chose ...

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First Published: Wed, September 13 2017. 04:14 IST