[Breaking] New York Stock Market Closes Lower Amid US Election and CPI Concerns... Nasdaq Down 2.48%
[Asia Economy New York=Special Correspondent Joselgina] Major indices of the U.S. New York stock market closed lower across the board on the 9th (local time) amid the collapse of expectations for a Republican landslide victory in the midterm elections and ongoing vote-counting uncertainties, as well as caution ahead of the Consumer Price Index (CPI) announcement.
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On this day in the New York stock market, the Dow Jones Industrial Average closed down 1.95% from the previous session. The S&P 500, centered on large-cap stocks, fell 2.08%, and the Nasdaq, focused on tech stocks, closed down 2.48%.
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