U.S. stock indexes closed lower Tuesday, as consumer spending was flat in June but housing prices rose month to month. The Commerce Department said spending was flat for the second consecutive month, but incomes rose 0.5 percent. The closely watched S&P/Case-Shiller home price index rose 2.2 percent in April to May although prices in the 20-city composite index were off 0.7 percent on an annual basis. By close of trading on Wall Street, the Dow Jones industrial average, shed 64.33 points or 0.49 percent to 13,008.68. The Standard and Poor's 500 index dipped 5.98 points or 0.43 percent to 1,379.32. Tech-heavy Nasdaq composite index gave up 6.32 points, 0.21 percent to 2,939.52. On the New York Stock Exchange, 1,248 stocks advanced and 1,767 declined on a volume of 3.7 billion shares traded. The benchmark 10-year treasury note rose 10/32 to yield 1.469 percent. The euro rose to $1.2302 from Monday's $1.226. Against the yen, the dollar fell to 78.12 yen from 78.17 yen. In Tokyo, the Nikkei 225 index rose 0.69 percent, 59.62, to 8,695.06. In London, the FTSE 100 index lost 1.02 percent, 58.28, to 5,635.28.
GMT 11:02 2018 Tuesday ,11 December
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U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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