Markets

Dow Backs off Record High as Comey-Bump Fizzles

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The Dow Jones Industrial Average was struggling to stay positive before Thursday's close, retreating from its record high in the wake of former FBI director James Comey's testimony to the Senate Intelligence Committee. Comey's highly anticipated appearance before Congress resulted in a brief relief-rally on Wall Street that quickly fizzled as investors shifted their focus to escalating tensions in the Middle East and the upcoming election results in the UK.

The Dow and S&P 500 are trading with small losses while the Nasdaq is trading with a comfortable gain near its record high.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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