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Stocks on Wall Street tick lower and momentum stalls after a rare August gain

Por: Los Angeles Times Business August 23, 2023

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Wall Street ticked lower Tuesday ahead of two potentially market-shaking events later in the week. The Standard & Poor's 500 slipped 12.22 points, or 0.3%, to 4,387.55, giving back some of its rare August gain from a day before, which was powered by large tech stocks. The Dow Jones industrial average fell 174.86 points, or 0.5%, to 34,288.83, and the Nasdaq composite edged up 8.28 points, or 0.1%, to 13,505.87. Stocks have struggled this... + full article



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