Wall Street drops after BOJ decision; Apple weighs | Reuters

NEW YORK U.S.

Reuters April 29, 2016 01:45:11 IST
Wall Street drops after BOJ decision; Apple weighs
| Reuters

Wall Street drops after BOJ decision Apple weighs
 Reuters

NEW YORK U.S. stocks closed down on Thursday as the Bank of Japan's shocking call to cap monetary stimulus continued to rattle investors while a late day decline in Apple shares on remarks from billionaire investor Carl Icahn added to selling pressure.

The Dow Jones industrial average .DJI fell 208.46 points, or 1.16 percent, to 17,833.09, the S&P 500 .SPX lost 19.22 points, or 0.92 percent, to 2,075.93 and the Nasdaq Composite .IXIC dropped 57.85 points, or 1.19 percent, to 4,805.29.


(Reporting by Chuck Mikolajczak; Editing by Meredith Mazzilli)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

also read

S&P 500, Nasdaq dragged by tech as upbeat data fans inflation fears
Business

S&P 500, Nasdaq dragged by tech as upbeat data fans inflation fears

By Lewis Krauskopf, Shashank Nayar and Medha Singh (Reuters) - U.S. stocks wavered on Thursday, with tech shares dragging on the S&P 500 and Nasdaq , as investors balanced concerns about inflation and the Federal Reserve reining in stimulus with relief about corporate tax hikes.

French antitrust watchdog to issue decision on Google's ad business on June 7  - spokesman
Business

French antitrust watchdog to issue decision on Google's ad business on June 7 - spokesman

PARIS (Reuters) - France's antitrust authority will issue a decision following an investigation into Google's advertising business on June 7, a spokesman for the watchdog said on Thursday. Las week, the Wall Street Journal reported that Alphabet's Google was close to settling an antitrust investigation in France over allegations it abused its power in online advertising

Tesla's China orders halved in May - The Information
Business

Tesla's China orders halved in May - The Information

(Reuters) - Tesla Inc's vehicle orders in China nearly halved in May, when compared to April, against the backdrop of increased government scrutiny on the U.S.