NEW YORK: Wall Street stocks declined on Thursday as investors weighed somewhat better news on US-China trade talks against new revelations in the impeachment probe of President Trump.
Karl Haeling of LBBW said the market's response to the whistleblower complaint suggested the risk of impeachment could be somewhat higher than initially thought, but added that the modest losses showed markets remained"stable."The Dow Jones Industrial Average finished down 79.59 points at 26,891.12.The broad-based S&P 500 shed 7.25 points to close at 2,977.62, while the tech-rich Nasdaq Composite Index dropped 46.72 points to 8,030.66.
Source: News Formal (newsformal.com)
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