Monday 9 April 2018

Dow’s 400-point rally erased in final hour on report of FBI raid of Trump’s lawyer-Sai Proficient

Stocks closed well off their session highs on Monday as shares of Amazon and Boeing rolled over. Traders said a report that FBI officers had raided the office of President Donald Trump’s personal lawyer also fueled the late-day decline.


The DowJones industrial average rose 46.34 points to 23,979.10, with Merck and Intel as the best-performing stocks in the index. The S&P 500 gained 0.3 percent to close at 2,613.16, with tech surging 0.8 percent. The Nasdaq composite advanced 0.5 percent to 6,950.34.

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