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U.S. stocks close slightly higher, tax-cut worries cap upside
Tuesday, 14 November 2017 04:11 WIB | MARKET UPDATE |DOW JONES Standard & Poor's 500Indeks NasdaqSaham AS

U.S. stocks closed slightly higher on Monday, with the main indexes attempting to rebound from the first weekly loss in two months last week. However, investors remained reluctant to bid up prices amid continuing concerns surrounding the Republican tax legislation.

The S&P 500 closed 2.54 points, or 0.1%, higher at 2,584.84. The Dow Jones Industrial Average was up 17.42 points, or less than 0.1%, to 23,439.63. The tech-heavy Nasdaq Composite index gained 6.66 points, or 0.1%, to 6,757.60.

Among the worst performers on Wall Street, shares of General Electric Co GE, +0.00% dropped nearly 8% after the company halved its dividend and provided a downbeat profit outlook for next year.

Source: Marketwatch

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