New York (AFP)
The New York Stock Exchange was down Tuesday morning the day after record highs and before the opening of the US Central Bank (Fed) monetary policy meeting.
Around 2:05 p.m. GMT, the Dow Jones fell 0.36% to 34,269.11 points, the Nasdaq gave up 0.38% to 14,120.77 points and S&P 500 fell 0.21% to 4,246.30 points.
The Nasdaq and S&P 500 had hit record highs the day before at the close, while the Dow Jones ended up in the red.
"US stocks are treading water early in the session as investors analyze a series of economic data and await the Fed's monetary policy decision tomorrow," note experts Charles Schwab.
Before the market opens, market participants are aware of the unprecedented 6.6% annual rise in wholesale prices in the United States, according to the Department of Labor's PPI index.
Retail sales fell in May, both due to the end of government stimulus checks, auto shortages and consumers spending more on services, according to data released Tuesday by the Commerce Department.
Among the values of the day, the aircraft manufacturer Boeing appreciated 0.68%.
European and American officials on Tuesday confirmed an agreement between the European Union and the United States to resolve their long-standing dispute over illegal subsidies granted to Airbus and Boeing.
Sports betting site DraftKings fell 8.06% after a damning report from investment research firm Hindenburg Research questioning certain company practices and questioning its market valuation.
Hindeburg said he bet on a drop in the title of DraftKings.
Yelp, which references local businesses, fell 0.70% after having announced a record in May for restaurant reservations in the United States via its platform.
© 2021 AFP