Wall St hovers near file highs, S&P 500 set for potent August
Aug 31 (Reuters) – Wall Street’s major indexes hovered in the vicinity of report highs on Tuesday despite weak point in know-how shares, with the S&P 500 heading for a seventh straight month of gains as fears ebbed in excess of in the vicinity of-phrase coverage tightening by the Federal Reserve.
4 of the 11 key S&P sectors retreated, with know-how (.SPLRCT) and components (.SPLRCM) amongst the major losers.
Shares of Apple (AAPL.O) fell .6% and have been the greatest drag on the Nasdaq (.IXIC), although Zoom Online video Communications Inc (ZM.O) tumbled 16.7% as it signaled a faster-than-predicted easing in