World

U.S. stocks end mixed after Senate passes infrastructure bill

NEW YORK
2021-08-11 04:28

Already collect



NEW YORK, Aug. 10 (Xinhua) -- U.S. stocks finished mixed on Tuesday after the Senate passed a roughly 1-trillion-dollar bipartisan infrastructure bill.

The Dow Jones Industrial Average increased 162.82 points, or 0.46 percent, to 35,264.67. The S&P 500 added 4.40 points, or 0.10 percent, to 4,436.75. The Nasdaq Composite Index fell 72.09 points, or 0.49 percent, to 14,788.09.

Eight of the 11 primary S&P 500 sectors ended in green, with energy up 1.72 percent, leading the gainers. Real estate slipped 1.09 percent, the worst-performing group.

U.S.-listed Chinese companies traded mostly lower with eight of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

The above moves came as the U.S. Senate on Tuesday approved a long-awaited infrastructure bill, which includes 550 billion dollars in new spending on infrastructure projects, after months of strenuous negotiations between Democrats and Republicans.

Wall Street was also assessing the impact of a resurgence in COVID-19 infections as the pandemic continues in the United States, with the Delta variant in a sustained uptrend and hospitalizations on the rise.

Meanwhile, investors awaited key economic data. The U.S. consumer price index and the producer price index, two key measures on inflation, are slated for Wednesday and Thursday, respectively.
Add comments

Latest comments

Latest News
News Most Viewed