US stocks end lower on minor losses

Economies.com
2019-04-15 20:34PM UTC

US stocks fell slightly on Tuesday's trading after the quarterly earnings reports from Goldman Sachs and Citigroup fell short of expectations, as well as President Donald Trump's comments, in which he criticized the Federal Reserve again.

 

Goldman Sachs and Citigroup posted lower-than-expected earnings reports for the first quarter of this year, which negatively affected the performance of the banking sector.

 

On the other hand, US President Donald Trump said that without the central bank's monetary policy, Wall Street would have risen by around 5,000 and 10,000 points and the economy would have grown more than 4% 

 

Meanwhile, the price of West Texas crude fell by 0.8% and closed at $63.4 a barrel, with the highest at $63.8 and the lowest price at $63.03.

 

Brent also fell 0.5% to close at $71.18 a barrel, with a day high of $71.6 and a low of $70.7.

 

At the end of trading, Dow Jones fell 0.1% (27 points) to 26,384 points, with the highest level at 26,425 points and the lowest at 26,216 points.

 

Nasdaq also fell 0.1% (8 points) to 7,976 points, with the highest level at 7,993 points and the lowest level at 7,933 points.

 

Standard & Poor's fell less than 0.1% (2 points) to 2,905 points, with a high of 2,909 points and a low of 2,895 points.

American Markets News

Americas News

Markets

US stock indices power up after payrolls report
2024-05-03 14:09PM UTC
US stock indices gained ground on Friday following the release of somewhat weak payrolls data for ...
Americas News

Markets

Wall Street climbs as markets assess Fed statement
2024-05-02 15:54PM UTC
US Stock indices rose on Thursday following important data, while investors assess the Federal ...
Americas News

Markets

As the Fed prepares to issue decisions, traders expect largest S&P 500 movement since 2023
2024-05-01 09:28AM UTC
According to data gathered by Citibank, the S&P 500 is likely to move by nearly 1% today after ...