S&P 500 slips as cyclical slide counters tech gains
Aug 19 (Reuters) – The S&P 500 edged down in choppy investing on Thursday, with losses in cyclical sectors countering gains in tech shares, as investors took the pulse of the economic rebound and gauged when the Federal Reserve may mood its monetary stimulus.
Tech also supported the Nasdaq, even though the Dow industrials moved lower, as economically delicate sectors this sort of as power and components had been weak.
Facts confirmed that the number of Us citizens filing new promises for unemployment positive aspects fell to a 17-thirty day period low final week, pointing