The S&P 500 ends flat as investors await bank earnings

📆 07/08/40 03:03 ص
📰 ChannelNewsAsia

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U.S. stocks opened marginally higher on Thursday, as investors assessed warnings from major central banks about a global slowdown and looked ahead ...

NEW YORK: The S&P 500 ended little changed on Thursday as growing anxiety over a global economic slowdown offset upbeat data and investors waited for earnings season to kick into high gear.

The upbeat data could ease worries of a sharp global economic downturn reaching U.S. shores, a concern reflected in minutes from the Federal Reserve's March meeting released on Wednesday. The Dow Jones Industrial Average fell 14.11 points, or 0.05per cent, to 26,143.05, the S&P 500 closed flat at 2,888.32 and the Nasdaq Composite dropped 16.89 points, or 0.21per cent, to 7,947.36.Channel NewsAsia - Sentifi topic widget

Home furnishings retailer Bed Bath & Beyond fell 8.8per cent as its bleak first-quarter profits raised doubts about its turnaround plan.

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