On Tuesday Dow Jones closed at record high level

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On Tuesday Dow Jones closed at record high level

October 03, 2018 - 09:49
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On Tuesday Dow Jones closed at record high level, while drop in Facebook shares lead to decline of S&P 500 and Nasdaq at closing, Reuters reports.

Photo © Markus Spiske, CC0 1.0

On Tuesday Dow Jones closed at record high level, while drop in Facebook shares lead to decline of S&P 500 and Nasdaq at closing, Reuters reports.

Dow’s growth was caused by Boeing and Caterpillar rise after the US, Canada and Mexico agreed on new deal.

Facebook shares lost 1,91% and have been falling three sessions in a row. Total losses now account for 5,6% amid intensifying scandal in regards to user’s security breach.

Dow Jones Industrial Average gained 0,46% to 26773,94, S&P 500 lost 0,04% and closed at 2923,43, while Nasdaq fell by 0,47% to 7999,55.

Small caps index Russell 2000 fell by 1,01%.

PepsiCo lost 1,80% of its value due to lower profitability as a result of growing commodity and transportation costs.