US Close 1 Mar 17 - Dow snaps 12 day winning streak as investors await Trump speech

US sharemarkets were weaker on Tuesday as investors awaited an address by President Trump to Congress. It is hoped that the president will unveil details of tax cuts, defence and infrastructure spending. Shares in Target plunged by 12.5% after the company disappointed with sales results and guidance. At the close, the Dow Jones index was down by 25 points or 0.1% - the first fall in 13 days. The S&P 500 index was down by 0.3% while the Nasdaq was lower by 36.5 points or 0.6%. 

 

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