Wall Street ends slightly higher after soft manufacturing data, NYSE glitches

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NEW YORK, June 4 ― S&P 500 and the Nasdaq edged higher in a choppy session yesterday amid soft manufacturing sector data and as a glitch on the NYSE briefly caused trading...

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Benchmark S&P 500 and the Nasdaq finished higher after paring earlier losses on the session, while the Dow lost ground. Technology stocks were the biggest gainers, while energy equities were the biggest drag.Markets had weighed data showing US manufacturing activity had slowed for the second straight month, raising concerns of weakening economic growth.

The Dow Jones Industrial Average fell 115.29 points, or 0.30 per cent, to 38,571.03, the S&P 500 gained 5.89 points, or 0.11 per cent, to 5,283.40 and the Nasdaq Composite gained 93.66 points, or 0.56 per cent, to 16,828.67. GameStop soared 21 per cent after a weekend Reddit post from stocks influencer Keith Gill, also known as “Roaring Kitty”, showed a US$116 million bet on the gaming retailer.

 

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