June 8, 2021 8:28 PM
Dow and S&P 500 end with losses staying within 1 percentage point of their record closing highs
The Dow and the S&P 500 ended with losses yesterday, however, both stocks remained within one percentage point of their record closing highs. Investors showed cautious approach after the news of a global minimum corporate tax rate, lingering inflation fears, and a lack of market-moving catalysts. The Dow and the S&P fell while the Nasdaq closed with gains. The Dow Jones Industrial Average fell 0.4 per cent, the S&P 500 slipped 0.1 per cent while the Nasdaq Composite ind...