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Wall Street Pares Losses as Amazon Climbs But Telecoms, Real Estate Sectors Dent S&P

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Wall Street reclaimed some of their losses on Tuesday but were still ending in the red as the S&P 500 telecoms and real estate sectors retreated, while Amazon.com ( AMZN ) briefly hitting a $1 trillion market value couldn't keep the Nasdaq above water.

Volumes were still subdued as investors returned from the Labor Day market holiday on Monday and. The Dow Jones Industrial Average posted a third straight day of losses as Nike ( NKE ) fell as a call to boycott the retailer emerged following the decision to make former NFL quarterback Colin Kaepernick part of an advertising campaign.

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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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