(Reuters) - U.S. stocks lost momentum on Friday with the S&P 500 easing from record levels as losses in financials and industrials intensified after surging this week on hopes for further economic aid under a Democrat-controlled Congress.
The tech-heavy Nasdaq, however, climbed on a boost from sharp gains in Tesla Inc and Baidu Inc.
At 01:32 p.m. ET the Dow Jones Industrial Average fell 172.61 points, or 0.54%, to 30,868.52, the S&P 500 lost 7.19 points, or 0.19%, to 3,796.60, and the Nasdaq Composite gained 27.47 points, or 0.21%, to 13,094.97.
(Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 18,029 PTS | +0.84% | +1.76% | - | ||
| 39,332 PTS | +0.41% | +0.56% | - | ||
| 20,012 PTS | +1.01% | +1.58% | - | ||
| 5,509 PTS | +0.62% | +0.73% | - | ||
| 86.5 USD | +0.34% | -1.93% | 3.02TCr | ||
| 230.4 USD | +9.76% | +23.17% | 67TCr | ||
