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US stocks end mixed; Dow slips

IANS  |  New York 

US stocks closed mixed as investors digested the latest economic data.

The was down 96.22 points, or 0.38 percent, to 25,554.66 on Tuesday. The S&P 500 was up 8.22 points, or 0.30 percent, to 2,791.52. The was up 32.97 points, or 0.44 percent, to 7,591.03, reported.

US consumer prices rose for the first time in four months in February. The Consumer Price Index for All (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the said on Tuesday.

Over the last 12 months, the all items index increased 1.5 percent before seasonal adjustment, said the department.

The department said indexes for shelter and increased, and the gasoline index rose after recent declines to result in the seasonally adjusted all items increase.

In the meantime, shares of the Dow component plunged more than 6 percent on Tuesday after an Ethiopian plane crash that happened on Sunday.

Ethiopian confirmed that a 737 MAX 8, bound for Nairobi, Kenya, crashed shortly after taking off from the Ethiopian capital Sunday morning, killing all 157 people onboard.

It was the second time in half a year that Boeing's best-selling aircraft had a fatal crash. In October, a plane crashed into the sea off the Indonesian capital of Jakarta, killing all 189 people onboard.

--IANS

vin/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 13 2019. 05:36 IST
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