US stocks end down after volatile session, weak consumer data

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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.

 

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