US stocks fall on mixed data, valuation concerns | Malay Mail

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US stocks fall on mixed data, valuation concerns | Malay Mail
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NEW YORK, Feb 18 — Wall Street stocks tumbled early today following mixed economic data as investors fretted over lofty equity valuations and the risk of greater inflation. New US jobless claims — which have been elevated for months due to the coronavirus pandemic — rose 13,000 in the week...

In this file photo a person walks past the New York Stock Exchange at Wall Street on November 16, 2020 in New York City. — AFP picNEW YORK, Feb 18 — Wall Street stocks tumbled early today following mixed economic data as investors fretted over lofty equity valuations and the risk of greater inflation.

New home construction fell in January for the first time in five months, although building permits increased during the month.

 

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