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Wall Street swings in post-U.S. election rollercoaster

The Dow Jones industrial average was down 25.55 points, or 0.14%

Wall Street


US stocks were little changed on Wednesday, rebounding from stunning overnight losses fueled by the US election as sectors that appeared poised to benefit from a Donald Trump presidency led the charge. After tremendous losses in the overnight session, the Dow and S&P 500 briefly turned positive shortly after the open. Strong gains in the heavily weighted healthcare sector, up 2.9%, and financials, up 2.5%, kept the market within striking distance of the unchanged level. A curb on drug pricing was one of the key campaign themes for Democratic nominee Hillary Clinton, while ...

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First Published: Wed, November 09 2016. 21:58 IST