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MARKETS SNAPSHOT FOR 08/06/17

NASDAQ-Adv: 1,924 Dec: 977 NYSE-Adv: 1,728 Dec: 1,242 (Source: Nasdaq)

 

The ‘Trump trade’ made a comeback on Thursday on Wall Street but the S&P and Dow industrials ended flat as former FBI director James Comey said President Donald Trump fired him to undermine an investigation into Russian meddling into last November’s U.S. election.

The Dow Jones Industrial Average .DJI rose 8.84 points, or 0.04 percent, to 21,182.53, the S&P 500 .SPX gained 0.65 points, or 0.03 percent, to 2,433.79 and the Nasdaq Composite .IXIC added 24.38 points, or 0.39 percent, to 6,321.76.

The Nasdaq posted a record closing high boosted by gains in Nvidia and Yahoo.

Source: Reuters (Reporting by Rodrigo Campos; Editing by Chizu Nomiyama)

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