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

Dow Jones rises ahead of US inflation data
2024-03-27 15:35PM UTC
Most US stock indices rose on Wednesday ahead of new important US data on growth and personal ...
Americas News

Markets

Wall Street gains ground following positive data
2024-03-26 15:41PM UTC
US stock indices rose on Tuesday after a series of losses as markets assess latest ...
Americas News

Markets

Wall Street loses ground as the week opens up
2024-03-25 16:16PM UTC
Most US stock indices declined on Monday as markets assess the Federal Reserve’s stance on ...