Friday, October 24, 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 and 20 other countries sign up to regional bank (19 mins ago)
Britain says EU is asking for bigger contribution (31 mins ago)
British economy grows slower in Q3 (1 hr 20 mins ago)
Firm in China's first bond default to be restructured (1 hr 20 mins ago)
Hang Seng closes lower (1 hr 57 mins ago)
Pearson reports sliding sales (1 hr 58 mins ago)
European stocks fall at open (2 hrs 15 mins ago)
BASF says won't meet 2015 targets (2 hrs 16 mins ago)
ECB to unveil results of eurozone bank health check (2 hrs 16 mins ago)
German consumer confidence stops falling: survey (2 hrs 21 mins ago)

More breaking news >>

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