September 13, 2024
U.S. stocks close lower, Nasdaq ends at lowest in almost a month as investors digest earnings

U.S. stocks close lower, Nasdaq ends at lowest in almost a month as investors digest earnings

U.S. stocks closed lower on Tuesday as investors digested a mixed picture of corporate earnings along with data suggesting a slowing economy and a consumer that’s under pressure from inflation.

How stocks traded

On Monday, the Dow Jones Industrial Average rose 66 points, or 0.2%, to 33875, the S&P 500 increased 4 points, or 0.09%, to 4137, and the Nasdaq Composite dropped 35 points, or 0.29%, to 12037.

What drove markets

Investors…

Source

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