Stocks Turn Lower After Disappointing Consumer Confidence Reading
Stocks turned little aft user assurance slid unexpectedly successful December.
The Conference Board’s user assurance scale fell to a speechmaking of 104.7, down from 112.8 successful November and good beneath economists' expectations astatine 113.8, according to FactSet.
The Dow slipped and was down 300 points, oregon 0.3%, with lone 4 of its stocks connected the rise. The S&P 500 was down 0.3%. The Nasdaq Composite fell 0.1%. The large indexes were wavering this morning, but each 3 took a limb little successful the aftermath of the data.