U.S. stocks close lower after Powell's comments


  • World
  • Wednesday, 24 Sep 2025

NEW YORK, Sept. 23 (Xinhua) -- U.S. stocks retreated on Tuesday after Federal Reserve Chair Jerome Powell said that equity prices appear "fairly highly valued."

The Dow Jones Industrial Average fell 88.76 points, or 0.19 percent, to 46,292.78. The S&P 500 lost 36.83 points, or 0.55 percent, to 6,656.92. The Nasdaq Composite Index shed 215.50 points, or 0.95 percent, to 22,573.47, snapping a record-setting streak.

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