Epic Research Update : US Markets
Wall Street dips as investors assess rate outlook US stocks edged lower on Friday, led by declines in utility shares as investors weighed prospects for an interest rate increase in the coming months.
The Dow Jones industrial average ended down 45.13 points, or 0.24 percent, to 18,552.57, the S&P 500 lost 3.15 points, or 0.14 percent, to close at 2,183.87 and the Nasdaq Composite dropped 1.77 points, or 0.03 percent, to 5,238.38.
Wall Street dips as investors assess rate outlook US stocks edged lower on Friday, led by declines in utility shares as investors weighed prospects for an interest rate increase in the coming months.
The Dow Jones industrial average ended down 45.13 points, or 0.24 percent, to 18,552.57, the S&P 500 lost 3.15 points, or 0.14 percent, to close at 2,183.87 and the Nasdaq Composite dropped 1.77 points, or 0.03 percent, to 5,238.38.
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