The
Nasdaq Composite Index edged higher in light trading, giving the index a
fifth straight gain and its longest advance in 11 months, while
travel-related shares dragged the Standard & Poor’s 500 Index lower
after a deadly terrorist attack in Brussels.
Nasdaq
rose 0.3 percent to 4,821.66, pushing its gains over five days to 2
percent. The rally has come amid the lightest trading volume of the
year, and delivered just one day of gains for the technology-heavy index
that topped 0.7 percent. Other major indexes were little changed after
briefly erasing losses sparked by bombings at the Belgian capital’s
airport and a subway station that killed at least 31 people.
The
S&P 500 slipped 0.1 percent to 2,049.84 at 4 p.m. in New York,
after briefly wiping out a 0.5 percent decline. The Dow Jones Industrial
Average halted the longest winning streak since October.
Source: Bloomberg
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