Dow Trickles From Record Highs as Investors Back Cyclicals, Dump Tech
- Date: 10-May-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Gulf
Dow Trickles From Record Highs as Investors Back Cyclicals, Dump Tech
By Yasin Ebrahim
Investing.com – The Dow remained supported after hitting intraday record highs Monday, as investors added to bets on economically sensitive cyclical stocks, but turned away from tech stocks on fears over the threat for inflation and rising rates.
The rose 0.67%, or 231, but had hit an intraday high of 35,091.56 . The was down 0.2%, and the slumped 1.5%.
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