The S&P 500 and Dow fell on Thursday after data painted a worrying picture of the economy, while President Donald Trump floated the possibility of ...
REUTERS: The S&P 500 and Dow fell on Thursday after data painted a worrying picture of the economy, while President Donald Trump floated the possibility of delaying the Nov. 3 presidential elections.
Wall Street's main indexes were headed for their fourth monthly gain in a row, with the benchmark S&P 500 about 4per cent below its February record high. Apple Inc , Amazon.com Inc , Alphabet Inc and Facebook Inc will report earnings later on Thursday, with some on Wall Street questioning their valuations after this year's gains.
Economically sensitive sectors — financials , energy and materials fell the most among major S&P sectors. United Parcel Service Inc , and Procter & Gamble Co gained following quarterly results on Thursday, with Johnson & Johnson up slightly as it started human safety trials for its COVID-19 vaccine.
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