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Dow, S&P 500 dip; momentum shares hit Nasdaq
Saudi Press Agency Published in Saudi Press Agency on 03 - 04 - 2014

U.S. stocks slipped on Thursday, with a sharp drop in biotech and momentum stocks pushing the Nasdaq Composite down nearly 1 percent, Reuters reported.
The Dow Jones industrial average dipped 0.45 of a point to end unofficially at 16,572.55. The S&P 500 declined 2.13 points or 0.11 percent, to finish unofficially at 1,888.77. The Nasdaq Composite dropped 38.716 points or 0.91 percent, to close unofficially at 4,237.74.
Both the Dow and S&P 500 hit intraday record highs early in the session.
-- SPA
23:22 LOCAL TIME 20:22 GMT
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