Wall Street today: US stocks edge lower, investors focus on earnings & economic data

[ad_1]

US stocks edged lower on Thursday, as investors focused on corporate earnings and economic data.

At the opening bell, the Dow Jones Industrial Average fell 43.2 points, or 0.10%, to 44,113.55. The S&P 500 fell 10.1 points, or 0.17%, to 6,076.32​, while the Nasdaq Composite dropped 102.4 points, or 0.51%, to 19,906.988.

Crude oil

Oil was steady near $79 a barrel after an industry report showed the first gain in US crude stockpiles since mid-November.

US crude inventories rose by 1 million barrels last week and fuel stockpiles surged, the American Petroleum Institute reported, according to a document seen by Bloomberg.

Bullion

Gold prices dipped on Thursday after hitting a near three-month high in the previous session.

Spot gold was down 0.4% at $2,744.49 per ounce by 1246 GMT. US gold futures shed 0.7% to $2,751.20. Spot silver dropped 1.5% to $30.33.

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top