U.S. stocks closed sharply lower Wednesday after fresh economic data showed retail sales fell in December, with investors worried about slowing growth. The Dow Jones Industrial Average DJIA, -1.81% sank more than 600 points to end 1.9% lower, while the S&P 500 SPX, -1.56% fell 1.6% and the technology-laden Nasdaq Composite COMP, -1.24% dropped 1.
3%, according to preliminary data from FactSet. Sales at retailers in the U.S. slid 1.1% last month, a slightly bigger drop than economists polled by The Wall Street Journal were expecting. In other economic data released Wednesday, the Federal Reserve reported that U.S. industrial production fell 0.7% in December. That was a steeper-than-expected decline and the biggest monthly drop in U.S. industrial production since September 2021.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: WSJ - 🏆 98. / 63 Läs mer »
Källa: Investingcom - 🏆 450. / 53 Läs mer »
Källa: Reuters - 🏆 2. / 97 Läs mer »