国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

U.S. stocks close lower on government shutdown concerns

Source: Xinhua| 2018-01-17 05:55:22|Editor: yan
Video PlayerClose

NEW YORK, Jan. 16 (Xinhua) -- U.S. stocks ended lower on Tuesday, after touching record highs earlier in the session, as investors weighed the possibility of a government shutdown.

The Dow Jones Industrial Average lost 10.33 points, or 0.04 percent, to 25,792.86. The S&P 500 erased 9.82 points, or 0.35 percent, to 2,776.42. The Nasdaq Composite Index was down 37.38 points, or 0.51 percent, to 7,223.69.

Congress needs to pass a spending bill by Friday to avoid a government shutdown, according to CNBC. Analysts said a point of contention between Republicans and Democrats is an immigration bill which Democrats want to pass, which have complicated efforts to keep the government open.

Historical data showed that the S&P 500 averages a negative return of 0.3 percent one week after the government shuts down, according to market analysts.

U.S. stocks rallied earlier on Tuesday, with the Dow touching 26,000 for the first time, as key corporate earnings came out better than expected.

Earnings season is off to a strong start thus far. According to financial research company FactSet, of the S&P 500 companies that had reported as of Friday, 69 percent have surpassed earnings-per-share estimates while 85 percent have beaten expectations on the top line.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105521369007581
主站蜘蛛池模板: 江阴市| 永平县| 南郑县| 万荣县| 嘉定区| 大城县| 拉萨市| 池州市| 和平县| 民权县| 都匀市| 蛟河市| 屏山县| 巴楚县| 右玉县| 威海市| 罗田县| 临桂县| 平南县| 夹江县| 金川县| 信宜市| 辉县市| 齐河县| 阜新市| 岳普湖县| 博客| 贵州省| 屏南县| 平乡县| 黎平县| 上犹县| 枣强县| 淮阳县| 通海县| 论坛| 涞水县| 东莞市| 罗平县| 竹北市| 灌云县|