Wednesday, September 3, 2014   

Wall Street tracks lower
(02-26 09:01)

Wall Street stocks fell Tuesday following weak US economic data and a mixed outlook from JPMorgan Chase on some of its key business units.
The Dow Jones Industrial Average dropped 27.48 points (0.17 percent) to 16,179.66.
The broad-based S&P 500 dipped 2.49 (0.13 percent) to 1,845.12, while the tech-rich Nasdaq Composite Index gave up 5.38 (0.13 percent) at 4,287.59.
US data came in below expectations. The Case-Shiller index for home prices in 20 leading US cities fell 0.1 percent in December, the second straight monthly decline. The Conference Board said its consumer confidence index fell to 78.1 in February from 79.4 in January.—AFP

   
Other Business breaking news:
China fines insurance firms for fee fixing (09-02 19:02)
German new car sales stable in August: data (09-02 18:39)
Hang Seng ends flat, Shanghai soars (09-02 17:54)
Hang Seng dips at midday (09-02 12:11)
Nikkei soars by break (09-02 11:07)
Eurozone manufacturing slows in August (09-02 10:46)
Alipay, Huawei to promote mobile fingerprint payment (09-01 18:19)
Sony founder nephew to head PlayStation unit (09-01 17:27)
Microsoft demanded to explain over monopoly accusations (09-01 17:15)
German machine-tool orders stagnate in July (09-01 16:29)

More breaking news >>

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