Sunday, April 11

Wall Street weighed down by weak data as trade rally fades

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 4, 2019. REUTERS/Brendan McDermid

NEW YORK (Reuters) – Wall Street’s major indexes fell on Monday, weighed down by a weak U.S. construction spending report and declines in healthcare shares, as an initial rally on optimism over a U.S.-China trade deal faded.

The Dow Jones Industrial Average fell 204.91 points, or 0.79 percent, to 25,821.41, the S&P 500 lost 10.75 points, or 0.38 percent, to 2,792.94 and the Nasdaq Composite dropped 17.79 points, or 0.23 percent, to 7,577.57.

Reporting by Lewis Krauskopf; Editing by Susan Thomas

Our Standards:The Thomson Reuters Trust Principles.


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