US stocks end down after volatile session, weak consumer data

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

NEW YORK (AFP) - Wall Street stocks finished lower following a choppy session on Tuesday (April 28) as mixed earnings reports and weak consumer data underscored the economic challenges caused by the coronavirus shutdowns.. Read more at straitstimes.com.

NEW YORK - Wall Street stocks finished lower following a choppy session on Tuesday as mixed earnings reports and weak consumer data underscored the economic challenges caused by the coronavirus shutdowns.The broad-based S&P 500 dipped 0.5 per cent to 2,863.39, while the tech-rich Nasdaq Composite Index tumbled 1.4 per cent to 8,607.73.

But skeptics have questioned the market's buoyancy throughout April, and stocks weakened later in the session. However, consumers expressed some optimism that the situation would be getting better, with 40 per cent seeing improvement in the next six months.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US banks gird for mad grab of another US$310 billion in new small business aidU.S. banks were girding on Monday for another chaotic dash to grab US$310 billion in fresh small business aid due to be released by the government ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US banks in another mad grab for US$310 billion in new small business aidU.S. banks on Monday began another chaotic dash to grab US$310 billion in fresh small business aid released by the government, after it changed ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US banks battle technology issues in race for US$310 billion in new small-business aidU.S. bankers racing to grab US$310 billion in fresh small-business aid worked through the night on Tuesday, with many battling ongoing technology ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

New York plans how to return to business amid pandemicNEW YORK — Banks are considering letting some employees keep working from home indefinitely, and staggering the shifts of those who do come into the office.
Source: TODAYonline - 🏆 1. / 99 Read more »