US Market's Three Major Indexes Decline Amidst Global Economic Uncertainty

IconCryptoNewsTerminal Staff04 Sep, 2024

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US Market's Three Major Indexes Decline Amidst Global Economic Uncertainty

The US market's three major indexes declined on Tuesday, weighed down by concerns over the global economic outlook. The S&P 500 fell 0.27%, the Nasdaq Composite dropped 0.68%, and the Dow Jones Industrial Average slipped 0.02%. The declines came as investors digested a mixed bag of corporate earnings and economic data. While some companies reported better-than-expected results, others warned of slowing demand due to rising interest rates and the ongoing war in Ukraine.