[Breaking] New York Stock Market Closes Lower Amid Pelosi-Induced Tensions... Dow Down 1.22%
[Asia Economy New York=Special Correspondent Joselgina] Major indices of the U.S. New York stock market closed lower on the 2nd (local time) amid ongoing political tensions following the visit to Taiwan by Nancy Pelosi, the third-ranking official in the U.S. power hierarchy and Speaker of the House of Representatives.
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On this day, the Dow Jones Industrial Average closed down 1.22% from the previous session. The S&P 500, centered on large-cap stocks, fell 0.66%. The Nasdaq, focused on tech stocks, turned negative just before the close and ended down 0.16%.
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