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Wall Street rally loses steam after record run

Reuters Wednesday, 6 November 2019 ()
U.S. stocks retreated from record highs on Wednesday, halting a rally that has been fueled by signs of progress in trade talks between Washington and Beijing and a largely upbeat corporate earnings season.
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News video: Wall St. looks 'pretty good' at record highs -Colas

Wall St. looks 'pretty good' at record highs -Colas 06:15

DataTrek Research co-founder Nick Colas says Wall Street&apos;s record high looks &apos;pretty good&apos; because financials and &apos;old school&apos; tech like Apple and Microsoft are leading the rally, with improved sentiment showing up in other global assets as well. Conway...

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Wall St. looks 'pretty good' at record highs -Colas [Video]Wall St. looks 'pretty good' at record highs -Colas

DataTrek Research co-founder Nick Colas says Wall Street's record high looks 'pretty good' because financials and 'old school' tech like Apple and Microsoft are leading the rally, with improved..

Credit: Reuters Studio     Duration: 06:14Published


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