Business Standard

Tuesday, January 07, 2025 | 05:03 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Wall Street closes lower on Fed concerns

Image

Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks fell on Monday, with the Dow down for a fifth straight session and the S&P 500 off for a third on concern about the Federal Reserve's plans for withdrawing stimulus.

The Dow Jones industrial average slipped 41.23 points, or 0.26 percent, to end unofficially at 15,837.88. The Standard & Poor's 500 Index declined 8.73 points, or 0.49 percent, to finish unofficially at 1,781.56. The Nasdaq Composite Index fell 44.56 points, or 1.08 percent, to close unofficially at 4,083.61.

(Reporting by Ryan Vlastelica; Editing by Jan Paschal)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 28 2014 | 2:52 AM IST

Explore News