Friday, May 12, 2023

US stocks: Wall Street closes lower in risk-off mode

US stocks ended slightly lower, driven by weaker mega-cap shares after their recent gains, while data reflected that consumer sentiment was at a six-month low. The Dow was almost lower for a fifth consecutive day, its longest losing streak in two months. Tesla's shares fell 2.3% after rising 2% on Thursday following the appointment of a new CEO for Twitter.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Tsw9ihp

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