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Tuesday’s market wrap

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Tuesday’s market wrap

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Arirang News

0 Views • May 16, 2018

Description

Taking at look at the markets.
Wall Street fell on Tuesday, and the Dow snapped an eight-day winning streak.
This after bond yields rose and strong retail sales data stoked concerns over inflation.
The Dow was down 193 points, or zero-point-eight percent, at 24-thosuand-706.
The S&P 500 shed around zero-point-seven percent and the Nasdaq was zero-point-eight percent in the red for the day at seven-thousand-351.
In Korea,... the main bourse closed lower as foreign investors dumped local shares for the second straight session.
The benchmark KOSPI shed more than 17 points, or zero-point-seven percent, to 2,458.
The secondary KOSDAQ was up around half-a-percent at 862-point-nine.
The Korean won fell against the U.S. dollar.