The Dow Jones fell more than 18 points (0.22%) to 8,485.52 in early trading on Tuesday following ala...
The Dow Jones fell more than 18 points (0.22%) to 8,485.52 in early trading on Tuesday following alarming US housing starts data. Residential constructions slumped 13% in April to an annual rate of 458,000, lower than forecast, according to Commerce Department figures, while experts predict new builds to stop altogether by the early summer. Home Depot weighs heaviest on the index, shedding 5.61% to $24.56 in spite of news its first quarter earnings rose 44%. American Express lost 1.62% to $25.71. It will slash 4,000 jobs, equating to around 6% of its global workforce in a cost-cutting...
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