US stocks end slightly lower with Fed in focus
Saturday, 15 June 2019
US stocks ended lower on Friday, with investors cautious going into next week’s Federal Reserve meeting.
Shares of chipmakers sank on a warning from sector major Broadcom of a broad weakening in global demand, according to Reuters report.
The Dow Jones Industrial Average fell 17.16 points, or 0.07 per cent, to 26,089.61, the S&P 500 lost 4.65 points, or 0.16 per cent, to 2,886.99.
The Nasdaq Composite dropped 40.47 points, or 0.52 per cent, to 7,796.66.