S&P 500 closes lower after another volatile session By Reuters

Standard & Poor's 500 closes lower after another volatile session
© Reuters. Traders work at the New York Stock Exchange on January 25, 2021. Photo: Brendan McDermid/Reuters.

NEW YORK (Reuters) – Wall Street’s main indexes fluctuated widely on Thursday, at the end of a volatile session, with investors confused by positive economic news, mixed corporate earnings, political turmoil and the prospect of the Federal Reserve’s tightening of monetary policy.

The three major stock indices in the American Stock Exchange declined due to the state of uncertainty that prevailed in recent days and witnessed wide fluctuations and great fluctuation in performance.

According to preliminary data, the Standard & Poor’s 500 index fell 23.81 points, or 0.55 percent, to close at 4326.12 points, while the Nasdaq Composite Index fell 192.36 points, or 1.42 percent, to 13,349.76 points. The industrial index fell 13.31 points, or 0.04 percent, to 34,154.78 points.

(Prepared by Mustafa Salih for the Arabic Bulletin – Editing by Ali Khafaji)

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