Wall St hovers near file highs, S&P 500 set for potent August

People today are witnessed on Wall Avenue exterior the New York Inventory Trade (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo

  • Tech weighs on Nasdaq, S&P 500
  • Zoom tumbles on a lot quicker-than-predicted fall in need
  • Indexes: Dow up .11%, S&P flat, Nasdaq down .12%

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

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