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Wall Street heads down as markets assess corporate results
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Wall Street heads down as markets assess corporate results
Apr 24, 2024 10:13 AM

US stock indices fell on Wednesday as investors assess the latest earnings results for the first quarter of 2024.

Earlier data showed US durable goods orders rose 2.6% last month.

Tesla reported its results yesterday, showing a steep decline in profits and earnings, however, investors reacted well to announcements of developing new and cheaper cars slated for 2025.

On trading, Dow Jones fell 0.4%, or 144 points as of 16:24 GMT to 38,360, while the SP 500 fell 0.4%, or 18 points to 5,052, as NASDAQ lost 0.3%, or 40 points to 15,656.

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