US stocks turn lower as week wraps up

Economies.com
2020-09-18 14:39PM UTC

The major US stock indices fell on Friday, as investors continued to parse the Federal Reserve's statements, and following the release of economic data.

 

The US Federal Reserve announced on Wednesday keeping the interest unchanged, and signaled that it plans to keep it near zero until the end of 2023.

 

However, uncertainty remains about the possibility of the US Congress to pass a second stimulus package to ease the coronavirus economic impact.

 

Today's data showed that the US current account posted a deficit of $171 billion in the second quarter, worse than expectations of $158 billion.

 

As for stocks, Dow Jones fell less than 0.1% or 16 points to 27,885 as of 15:37 GMT, Nasdaq fell 0.3% or 37 points to 10,872, and S&P 500 fell 0.3% or 33 points to 3,347.                                    

American Markets News

Americas News

Markets

US stock indices tumble after weak data
2024-04-25 17:00PM UTC
US stock indices fell on Thursday following disappointing US data earlier today.   US GDP ...
Americas News

Markets

Wall Street heads down as markets assess corporate results
2024-04-24 16:26PM UTC
US stock indices fell on Wednesday as investors assess the latest earnings results for the first ...
Americas News

Markets

US stock indices gain ground as markets focus on earnings
2024-04-23 17:22PM UTC
US stock indices gained ground on Tuesday as markets focus on earnings results, especially for tech ...