New York (AFP)

Wall Street ended lower on Tuesday, failing to maintain its momentum from the day before and the start of the session after disappointing indicators.

The Dow Jones fell 0.24% to 34,312.46 points, the Nasdaq dropped 0.03% to 13,657.17 points and the extended S&P 500 index fell 0.21% to 4,188.13 points.

The market did "an about-face after gains in the morning," remarks Peter Cardillo of Spartan Capital Securities.

"This is possibly related to economic data with disappointment on the side of consumer confidence."

American consumer confidence indeed remained stable in May compared to April, where it had risen to the highest since the start of the health crisis, according to the Conference Board index.

The index stood at 117.2 points in May, against 117.5 points in April, a figure which has been revised downwards.

This is worse than the 118 points expected by analysts.

Meanwhile, sales of new single-family homes in the United States fell more than expected in April and real estate prices climbed, according to data from the Commerce Department.

863,000 new homes were sold on an annual basis - that is, sales for the whole year if this pace continued - which represents a drop of 5.9% from March.

Analysts had forecast 980,000 sales.

Among the values ​​of the day, Moderna rose 3.10%.

The American biotech announced Tuesday that its vaccine against Covid-19 was "highly effective" in adolescents aged 12 to 17 years and confirmed that it wanted to file an authorization request for this age group "in early June" with different regulators around the world.

Lordstown Motors, which is developing an electric pickup, fell 7.45%.

When presenting its quarterly results on Monday evening, the company said it was halving its estimates of vehicles produced by the end of the year and that it needed to raise additional funds to finance its operations.

The boss of the group, Steve Burns, explained that Lordstown "had encountered certain difficulties, notably related to Covid and the automotive sector".

On the bond market, the 10-year rate on US debt fell to 1.56%, against 1.61% the night before.

© 2021 AFP