[Breaking] New York Stock Market Closes Lower... Nasdaq Down 1.25%

by Cho Seulkina

Published 18 Aug.2022 05:00(KST)

[Asia Economy New York=Special Correspondent Joselgina] Major indices on the U.S. New York Stock Exchange closed lower on the 17th (local time), as investors monitored retail data and the minutes of the July Federal Open Market Committee (FOMC) meeting.

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On this day, the Dow Jones Industrial Average closed down 0.50% compared to the previous session. The large-cap-focused S&P 500 index fell 0.72%, while the tech-heavy Nasdaq index closed down 1.25%.

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