Wall Street turned negative on Thursday after reaching its highest level in a month after a tibid first few hour with NASDAQ declining particularly.
When the bell rang the Dow Jones lost 0.43%, Standard and Poors 0.89% and NASDAQ 1.67%.
The benchmarks descended for the second occasion in three days and more briskly than any day on the last two months, though still close to their two months high, as employment and the Purchasing Managers Index manufacturing figures remained weak.
Traders are also positioning themselves for the Jackson Hole symposium today where Fed president Jerome Powell will speak.
At the end of the day real estate and finances showed the greatest advance while technology and consumer goods registered the greatest losses.
By Staff