More Losses for US Stocks
(NEW YORK) — Stocks fell into negative territory halfway through Tuesday’s trading session and stayed there.
The Dow was down 101 points, to close at 1,441.59. Tuesday’s losses marked the Dow’s largest percentage slide since June 25. The Nasdaq gave up 43 points and the S&P lost 15 points Tuesday.
The Conference Board says consumer confidence has risen this month to the highest seen since February. The business group’s index surged to 70.3, up from 61.3 in August.
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