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How major US stock indexes fared Tuesday, 8/15/2023

Por: ABC News Business August 16, 2023

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Stocks closed broadly lower on Wall Street, capping a day of declines worldwide, after discouraging data on raised worries about the global economy. The S&P 500 fell 1.2% Tuesday after reports indicated a deepening slump for the world’s second-largest economy. The Dow dropped roughly 361 points, and the Nasdaq sank 1.1%. A separate report on the U.S. economy showed sales growth at retailers accelerated last month. That raises hopes the U.S.... + full article



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