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Stock market on May 13: S&P 500 and NASDAQ hover near record highs
Yesterday, US equity indices finished mixed.
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Yesterday, US equity indices finished mixed. The S&P 500 slipped by 0.16%, the Nasdaq 100 fell by 0.71%, and the Dow Jones Industrial Average gained a modest 0.11%. Today, Asian equity markets closed higher despite a mixed news flow. Investors used an early sell-off in chip names to add positions, stopping the rout. The MSCI Asia Pacific index recouped from initial losses and closed up 0.4%. The rally was led by South Korean tech giants: SK Hynix jumped by 7.6% to
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