Stock market today: Wall Street ends lower following two weeks of gains

NEW YORK — Stocks closed lower on Wall Street as traders return from a long holiday weekend. The S&P 500 fell 0.4% Tuesday. The index is coming off its second weekly gain. The Dow lost 0.6% and the Nasdaq slipped 0.1%. Crude oil prices rose. Markets are looking ahead to a quieter week with company earnings reports winding down and just a trickle of government economic reports expected, including data on manufacturing, layoffs and trade.

Investors have a few economic reports to look forward to this week and the latest round of corporate earnings is essentially finished. Wall Street will also get updates on aspects of the manufacturing sector and consumer credit. DocuSign, GameStop, Dave & Buster’s and Kroger are set to report their most recent quarterly financial results this week.

Wall Street expects the Fed to hold its benchmark interest rate steady at its next meeting later in September, just as it did at its previous meeting. Investors are mostly betting that the central bank will maintain that pause through the rest of the year.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Stock market today: Wall Street is off to downbeat start following two weeks of gainsNEW YORK (AP) — Stocks are off to a weak start on Wall Street as traders return from a long holiday weekend. The S&P 500 was off 0.3% in the early going Tuesday. The index is coming off its second weekly gain. The Dow slipped 63 points, or 0.
Source: SooToday - 🏆 8. / 85 Read more »

Stocks edge lower amid China data gloom: Stock market news todayStocks slipped on Tuesday, as traders weighed data showing China's economy is still struggling to recover.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks finish lower after two weeks of gains: Stock market news todayStocks slipped on Tuesday, as traders weighed data showing China's economy is still struggling to recover.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares fall back amid selling of China property sharesShares fell back Tuesday in Asia after U.S. markets were closed for the Labor Day holiday. U.S. futures also were lower and oil prices were mixed. Hong Kong fell more than 1% as Chinese property stocks declined as investors sold to lock in gains fueled by recent efforts to support the ailing industry. China Vanke lost 1.2%, while Country Garden Holdings gave up 2%. Hong Kong-based Sun Hung Kai Properties shed 2.4%. Chinese services data came in weaker than expected, dulling hopes for a rebound i
Source: YahooFinanceCA - 🏆 47. / 63 Read more »