Wall Street's trade-fueled record run pauses

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U.S. stocks took a breather on Tuesday, weighed down partially by losses in healthcare stocks, after a rally driven by hopes of a trade truce ...

REUTERS: The three main U.S. indexes took a breather on Tuesday after expectations of a U.S.-China trade deal propelled them to record highs in the previous session.

Apart from hopes of a resolution to the trade war, a largely better-than-expected third-quarter earnings season, the Federal Reserve's interest rate cut and an upbeat October jobs report have fueled the recent rally on Wall Street. At 11:28 a.m. ET, the Dow Jones Industrial Average was up 29.98 points, or 0.11per cent, at 27,492.09, the S&P 500 was down 2.89 points, or 0.09per cent, at 3,075.38 and the Nasdaq Composite was up 4.58 points, or 0.05per cent, at 8,437.78.

 

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