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“US Stock Market Drops Due to Consumer Concerns and High Rates: NYSE Updates”

The New York Stock Exchange ended lower on Tuesday, worried about the state of the American consumer, but also the prospect of high rates for longer, while the technology sector once again fared well. Dow Jones fell 1.01%, the Nasdaq index fell 0.18% and the broader S&P 500 index fell 0.64%. The New York market got off to a bad start with the results. of the DIY chain Home Depot (-2.51%), which published, before the market, a quarterly turnover significantly lower than expected and reported…

2023-05-16 21:07:00


#Wall #Street #ends #concern #American #consumer

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