Wall Street retreats from record closing highs


The Dow fell 91.99 points, or 0.20%, to 46,602.98, the S&P 500 lost 25.69 points, or 0.38%, to 6,714.59 and the Nasdaq lost 153.30 points, or 0.67%, to 22,788.36.

NEW YORK: US stocks closed lower on Tuesday as investors, deprived of economic data resulting from the shuttered government, looked to secondary indicators and remarks from US Federal Reserve officials for clues regarding economic weakness and monetary policy.

All three indices ended in negative territory after a consumer expectations survey from the New York Federal Reserve showed deteriorating future expectations and rising inflation projections.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Malaysia's Nov natural rubber production down 29.6% - DOSM
Perodua expects Malaysia's TIV to reach 820,000 units for 2025
Required low-carbon investment for OIC averages 1.4% of GDP - Bank Negara deputy governor
MPOB to introduce used cooking oil reference price in 1Q 2026
Bank rally keeps FBM KLCI at multi-year highs
Malaysia's property sector to shift to fundamental- driven growth - Knight Frank
Semico Capital achieves 80% premium over IPO price, raises RM23.2mil
Asia stocks climb as Nikkei jumps to record, earnings loom
Australian, New Zealand dollars rise on yen outflows, weak greenback
Amanda Lacaze to retire as Lynas CEO, MD

Others Also Read