New York Stocks Fall on Concerns over Inflation and Fed 'Big step'... Nasdaq Down 0.7% (Roundup)
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(New York = Yonhap News) Correspondent Kim Yeon-sook = On the 10th (local time), the New York stock market [market] was influenced by October inflation figures that exceeded market expectations and a senior Federal Reserve (Fed) official...
The three major U.S. stock indices in New York all fell on the 10th (local time). This was influenced by factors such as October inflation figures that exceeded market expectations. On the New York Stock Exchange (NYSE) that day, the Dow Jones 30 Industrial Average closed at 52,231.89, down 157.86 points (0.30%) from the previous close. The Standard & Poor's (S&P) 500 index fell 29.01 points (0.38%) from the previous close to 7
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On the 10th (local time), U.S. stock markets closed lower across the board. The Dow Jones Industrial Average finished trading at 52,231.89, down 157.86 points (-0.30%) from the previous close, while the S&P 500 fell 29.01 points (-0.38%) to 7,520.93. The Nasdaq Composite Index recorded the largest decline among the major indices, closing at 25,065.87, down 187.26 points (-0.74%). Weakness centered on large technology stocks led the decline. The …
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