Wall Street ends flat amid rate hopes, tech declines

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U.S. stocks ended flat on Monday as increased expectations of stimulus from central banks around the world were offset by losses in technology and healthcare shares.

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NEW YORK (Reuters) – U.S. stocks ended flat on Monday as increased expectations of stimulus from central banks around the world were offset by losses in technology and healthcare shares.

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 5, 2019. REUTERS/Brendan McDermid

The S&P 500 posted 38 new 52-week highs and three new lows; the Nasdaq Composite recorded 63 new highs and 59 new lows.

Volume on U.S. exchanges was 7.42 billion shares, compared with the 6.77 billion-share average for the full session over the last 20 trading days.

Reporting by Caroline Valetkevitch in New York; Additional reporting by Uday Sampath in Bengaluru; Editing by Matthew Lewis and Jonathan Oatis


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Author:

U.S. stocks ended flat on Monday as increased expectations of stimulus from central banks around the world were offset by losses in technology and healthcare shares.

Source: {authorlink}

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