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- Major US stock indexes fell on today's trading
Major US stock indexes fell on today's trading
Major US stock indexes finished trading in the red, amid growing tensions between Western powers and Saudi Arabia and falling stocks of technology companies ..
In addition, investors evaluated data for the United States. The Commerce Department reported that US consumers increased their spending only marginally in September, not meeting economists 'expectations of strong growth. Sales in retail stores and restaurants grew by 0.1% compared with August, and amounted to 509 billion dollars. Since last year, sales grew by 4.7%. Economists had expected an increase of 0.7% compared with the previous month.
Oil prices have stabilized as tensions over the disappearance of a prominent Saudi journalist have heightened concerns about supply, and counterbalanced concerns about the long-term outlook for demand.
Most of the components of DOW finished trading in the red (20 of 30). Outsiders turned out to be shares of Cisco Systems, Inc. (CSCO, -2.28%). The growth leader was Walgreens Boots Alliance, Inc. (WBA, + 1.66%).
Most sectors of the S & P recorded a decline. The largest decline was shown by the technology sector (-0.9%). The conglomerate sector grew the most (+ 0.4%),
At the time of closing:
Dow 25,250.55 -89.44 -0.35%
S & P 500 2,750.79 -16.34 -0.59%
Nasdaq 100 7,430.74 -66.15 -0.88%
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