US stocks mostly lower after weak consumer, housing data
2008-04-29 20:05:54 SINA English
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Wall Street ended mainly lower Tuesday as a weak reading on consumer confidence and a survey showing steeper home prices declines offset the positive impact of a sharp drop in crude oil prices.
Trade was cautious a day ahead of a government estimate of US economic output in the first quarter and a Federal Reserve policy decision.
The Dow Jones Industrial Average fell 39.81 points (0.31 percent) to close at 12,831.94.
The Nasdaq managed a gain of 1.70 points (0.07 percent) to 2,426.10 while the Standard & Poor's 500 broad-market index slipped 5.43 points (0.39 percent) to end at 1,390.94.
(Agencies)
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