Closing Bell: Nasdaq at Records for Day Three; S&P 500 Loses Out on Gains
It was a mixed end to a rocky day of trading. The Nasdaq recorded new all-time closing highs with barely-there gains, while the S&P 500 was flat. The Nasdaq has seen record closes for the past three days in a row.
Home Depot (HD) - Get Home Depot, Inc. Report was the worst performer on the Dow after Sears (SHLD) sealed a deal with Amazon.com (AMZN) - Get Amazon.com, Inc. Report . Sears will sell Kenmore appliances through the e-commerce company, including some integrated with Amazon's Alexa artificial intelligence. Unilever (UL) - Get Unilever Plc Report led consumer stocks higher. The multinational reported a more than 14% increase in quarterly earnings per share, while forecasting accelerating growth in the second half of 2017. BP (BP) - Get BP Plc Report moved slightly higher on reports it had approached potential buyers for its oil and gas production assets in the North Sea. Possible buyers include private-equity firms.
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