US stocks fall as Amazon, Intel plunge | Malay Mail

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NEW YORK, April 29 — Wall Street stocks declined early today following mixed US data that highlighted strong consumer spending and elevated inflation, while Amazon sank on disappointing results. The Commerce Department reported personal consumption expenditures climbed 1.1 per cent, almost twice...

NEW YORK, April 29 — Wall Street stocks declined early today following mixed US data that highlighted strong consumer spending and elevated inflation, while Amazon sank on disappointing results.

The broad-based S&P 500 dropped 0.9 per cent to 4,247.37, while the tech-rich Nasdaq Composite Index shed 0.8 per cent to 12,773.07.

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