Dow turns 0.5% lower as industrial stocks weigh; Oclaro 2nd busiest stock


Wall Street struggled to hold on to early gains on Monday as losses in industrial stocks including Boeing and Caterpillar more than offset gains in chipmakers and technology companies.

Many of the United States' big manufacturers have suffered since US President Donald Trump announced plans to impose tariffs on steel and aluminium imports, a move that could increase their costs while hampering sales abroad. But the half percent fall in the Dow Jones Industrial Average followed a near 2 percent gain for New York's main indexes.....

This article is no longer available in our repository.

There could be multiple reasons for this.