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MarketWatch MarketPulseNov 13, 2018
Dow tumbles 160 points in early Tuesday trade as rebound attempt sputters
The Dow Jones Industrial Average traded more than 100 points lower Tuesday morning, as a tumble in shares of Boeing Co. and Home Depot Inc. put the kibosh on a rebound attempt by the blue-chip index. Boeing's share decline was carving about 80 points out of the Dow after The Wall Street Journal reported that the aerospace company withheld information about a change to its aircrafts, while Home Depot was retreating even after the home-improvement giant reported better-than-expected third-quarter results. Declines in both companies come after the Dow shed more than 600 points amid a internet and technology-related stock-market rout that was partly prompted by sharp declines in shares of Apple Inc. and those for Goldman Sachs Group Inc. . Most recently, the Dow was trading 160 points, or 0.6%, lower at 25,210, the S&P 500 index was down 0.2% at 2,721, while the Nasdaq Composite Index was clinging to a slight 0.1% gain at 7,210. All three benchmarks finished Monday's trade sharply lower.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Business NewsNov 13, 2018
Stocks stage cautious rebound, but Dow's gains capped by Home Depot, Boeing - MarketWatch

Reuters


Investors continue to grapple with implications of cheaper oil and a stronger dollar for the U.S. economy. Joe Raedle/Getty Images. Home Depot's stock falls despite earnings beat. By. MarkDeCambre. ChrisMatthews. Markets Reporter. U.S. stocks attemptedĀ ...

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