Wall Street mixed as investors flee growth for value

NEW YORK: The S&P 500 ended little changed on Tuesday, with a rally in energy and industrial shares countering a drop in the technology and real estate sectors as investors favored value over growth.

China is expected to buy more agricultural products to position itself for a better trade deal, according to a report from the South China Morning Post.The underwhelming data from China weighed on tariff-sensitive technology stocks , which fell 0.5per cent The news from Germany, along with easing U.S.-China tensions sent U.S. Treasury yields to four-week highs, tracking German bonds.The Dow Jones Industrial Average rose 73.92 points, or 0.28per cent, to 26,909.43, the S&P 500 gained 0.96 points, or 0.03per cent, to 2,979.39 and the Nasdaq Composite dropped 3.28 points, or 0.04per cent, to 8,084.16.

Apple Inc edged up 1.2per cent after announcing the Nov. 1 launch date for its streaming service Apple TV+, and unveiled its latest iPhone and Watch updates. Ford Motor Co's shares fell 1.3per cent after Moody's downgraded the automaker's bond rating to junk.

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