Blue Chips Snap 7-Day Win Streak

Posted on Posted in Wall Street

U.S. stocks pared losses Tuesday, but travel-related shares slid after the terror attacks in Brussels.

In recent years, financial markets have been resilient in the wake of terrorism in Western cities. Markets from equities to bonds and gold were little disrupted by the Paris attacks last November.

The market “has largely grown numb to them and shrugged them off,” said Keith Bliss, senior vice president at brokerage Cuttone & Co.

The Dow Jones Industrial Average snapped a seven-session winning streak, dropping 41.30 points, or 0.2%, to 17582.57 after falling more than 83 points earlier in the session. The S&P 500 fell 1.80 points, or 0.1%, to 2049.80, while the Nasdaq Composite rose 12.79 points, or 0.3%, to 4821.66.

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