US EditionUS stocks slip on Wall Street on signs of weaker spending by consumers
- U.S. stocks are declining due to signs of weakened consumer spending, with the S&P 500 down 0.3% in early trading on Tuesday.
- The Dow Jones Industrial Average fell by 163 points, or 0.4%, and the Nasdaq composite decreased by 0.3%.
- A report indicated that shoppers spent less last month at retailers than anticipated, affecting Treasury yields in the bond market.
- Israel’s military issued an evacuation warning to 330,000 people in Tehran, causing oil prices to increase by over $1 a barrel.
14 Articles
14 Articles
Daily News-Record
US stocks slip on Wall Street on signs of weaker spending by consumers
U.S. stocks are falling following signals that one of the economy’s main engines, spending by households, is weakening while Israel’s conflict with Iran may be worsening. The S&P 500 was
The New York Stock Exchange is on a downward trend on Tuesday, marked by the continued military conflict between Israel and Iran, and concerned about the consumption of American households, after the publication of new economic data.
Wall Street closed this Tuesday in red, amid concerns over the possible entry of the United States into the conflict between Israel and Iran, which has left hundreds dead in five days.
New York Stock Exchange indices are falling in early trading today as investors are concerned about the Israeli-Iranian conflict, while data showed that US retail sales fell more than analysts expected in May, reports the French news agency AFP.
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