Economy

United States stocks close at records after marginal gains

United States stocks close at records after marginal gains”

Slow trading late in the session stunted gains, but Wall Street still finished in the black on Wednesday, with retailers and energy companies among the top performers.

The Dow Jones Industrial Average fell 18.38 points, or 0.08 percent, to 22,139.8. The S&P 500 added 1.89 points, or less than 0.1%, to 2,498.37.

Energy companies rose along with the price of oil.

The Standard & Poor's 500 index fell 2 points, or 0.1 percent, to 2,496. Investors seemed concerned about the prices of the new devices - ranging from $800 to more than $1,000. The Nasdaq composite edged up 5 points, or 0.1 percent, to 6,460.

Stocks are edging mostly higher in midday trading as gains for health care and energy stocks outweigh losses in technology and consumer-focused companies.

All three major indexes closed at their all-time highest levels.

Apple fell 1.4 percent Wednesday, a day after unveiling its new lineup of iPhones. Chipmaker Lattice Semiconductor fell 2.7 percent after the USA government blocked a Chinese government-financed firm from buying it, citing national security grounds.

The Standard & Poor's 500 index fell 1 point to 2,495. American benchmark West Texas Intermediate was at $49.39 - a 2.3 percent increase. The Nasdaq composite fell 13 points, or 0.2 percent, to 6,440.



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