ADVERTISEMENT

US stocks end mixed; Dow slips

US stocks end mixed; Dow slips

Published
Hot News
1 min read
NEW YORK, Feb. 5, 2018 (Xinhua) -- A trader works at the New York Stock Exchange in New York, the United States, on Feb. 5, 2018. U.S. stocks closed sharply lower on Monday, with the Dow plummeting 4.60 percent, as the market took a heavy hit from panic sales. (Xinhua/Wang Ying/IANS)
New York, March 13 (IANS) US stocks closed mixed as investors digested the latest economic data.
The Dow Jones Industrial Average was down 96.22 points, or 0.38 percent, to 25,554.66 on Tuesday. The S&P 500 was up 8.22 points, or 0.30 percent, to 2,791.52. The Nasdaq Composite Index was up 32.97 points, or 0.44 percent, to 7,591.03, Xinhua reported.
US consumer prices rose for the first time in four months in February. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the US Labor Department said on Tuesday.
Over the last 12 months, the all items index increased 1.5 percent before seasonal adjustment, said the department.
The department said indexes for shelter and food increased, and the gasoline index rose after recent declines to result in the seasonally adjusted all items increase.
In the meantime, shares of the Dow component Boeing plunged more than 6 percent on Tuesday after an Ethiopian Airlines plane crash that happened on Sunday.
Ethiopian Airlines confirmed that a Boeing 737 MAX 8, bound for Nairobi, Kenya, crashed shortly after taking off from the Ethiopian capital Addis Ababa Sunday morning, killing all 157 people onboard.
It was the second time in half a year that Boeing's best-selling aircraft had a fatal crash. In October, a Lion Air plane crashed into the sea off the Indonesian capital of Jakarta, killing all 189 people onboard.
--IANS
vin/

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(The Quint is available on Telegram. For handpicked stories every day, subscribe to us on Telegram)

We'll get through this! Meanwhile, here's all you need to know about the Coronavirus outbreak to keep yourself safe, informed, and updated.

Liked this story? We'll send you more. Subscribe to The Quint's newsletter and get selected stories delivered to your inbox every day. Click to get started.

The Quint is available on Telegram & WhatsApp too, click to join.

ADVERTISEMENT
ADVERTISEMENT
Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!
ADVERTISEMENT