Dow, Nasdaq turn positive after slow start to session

Thursday, 17. November 2022 19:28

Major indexes on Wall Street pared losses on Thursday with the Dow Jones and the Nasdaq 100 moving into positive territory with Cisco soaring more than 4% after reporting upbeat results.

The Dow Jones added 0.09% at 1:25 pm ET. The best performer was Cisco, whose shares rallied 4.57%.

The Nasdaq 100 climbed 0.23% at 1:25 pm ET with JD.com, up 7.98%, leading the gains.

Meanwhile, the S&P 500 declined 0.22% at 1:26 pm ET. The worst performer on the index was Norwegian Cruise Line, whose shares slid 6.34%.

The euro fell 0.38% against the dollar to go for 1.03590 at 1:27 pm ET.

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Author:
Baha Breaking News (BBN) / NP