The 3 Major U.S. Stock Indexes Closed Lower on Wednesday

IconCrypto News Terminal25 Apr, 2024

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The 3 Major U.S. Stock Indexes Closed Lower on Wednesday

The 3 major U.S. stock indexes closed lower on Wednesday led by the Dow Jones Industrial Average which fell nearly 1%. * S&P 500: -0.46% * Nasdaq: -0.64% * Dow: -0.97% The declines came after the release of a disappointing economic report. The report showed that the U.S. economy grew at a slower pace than expected in the first quarter. This news raised concerns about the strength of the U.S. economy. The Dow Jones Industrial Average fell 292.60 points, or 0.97%, to close at 29,926.01. The S&P 500 index fell 18.64 points, or 0.46%, to close at 4,000.31. The Nasdaq Composite index fell 70.08 points, or 0.64%, to close at 10,832.27. Previously on 25 April 2024 - "The 3 major U.S. stock indexes closed lower on Wednesday. * S&P 500: -0.46% * Nasdaq: -0.64% * Dow: -0.97%"

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