Wednesday 12 April 2017

Wall Street ends lower; Trump comments dampen sentiment late

Wall Street
Wall Street

US stocks eased on Wednesday and the S&P 500 closed below a key technical level for the first time since Election Day, pressured by lingering geopolitical concerns and President Donald Trump’s comments on the dollar and interest rates.

The Dow Jones Industrial Average closed down 59.44 points, or 0.29 percent, to 20,591.86, the S&P 500 lost 8.85 points, or 0.38 percent, to 2,344.93 and the Nasdaq Composite dropped 30.61 points, or 0.52 percent, to 5,836.16.
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