Read Time:37 Second
U.S. stocks finished lower on Thursday for the second day in a row as Minneapolis Federal Reserve Bank President Neel Kashkari played down the odds of the Fed pausing its interest-rate hikes, while investors awaited an update on the state of the U.S. labor market due out Friday. The S&P 500 finished down 38.76 points, or 1%, at 3,744.52. The Dow Jones Industrial Average retreated 346.93 points, or 1.2%, to 29,926.94, while the Nasdaq Composite fell 75.33 points, or 0.7%, to 11,073.31.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
0
0