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

Australia's Lynas Rare Earths CEO to retire after over a decade in role
AirAsia X to be renamed AirAsia from Jan 19
HK sees innovation, tech efforts bear fruit
VSTECS appointed distributor of Agibot humanoid robotics solutions
Kumpulan Jetson unit disposes of adhesives manufacturing business for RM14.8mil
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

Others Also Read