U.S. stocks end lower on concerns about bank earnings, trade

U.S. stocks end lower on concerns about bank earnings, trade

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid

(Reuters) – Wall Street stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening profits, while comments from U.S. President Donald Trump on trade also weighed on investor sentiment.

The Dow Jones Industrial Average .DJI fell 23.67 points, or 0.09%, to 27,335.49, the S&P 500 .SPX lost 10.29 points, or 0.34%, to 3,004.01 and the Nasdaq Composite .IXIC dropped 35.39 points, or 0.43%, to 8,222.80.

Reporting by April Joyner; editing by Jonathan Oatis

Related posts