New York:U.S. stock indices experienced a downturn on Tuesday, following a substantial rally of over 2,000 points in the previous session.
According to Federation of Arab News Agencies, the Dow Jones Industrial Average decreased by approximately 180 points, or 0.35%, shortly before the close of trading. The Nasdaq Composite saw a decline of over 200 points, or 0.81%, and the Standard & Poor’s 500 Index (S&P 500) fell by around 30 points, or 0.43%.
In contrast to the stock market movements, U.S. West Texas Intermediate (WTI) crude oil prices remained steady, holding at $86.35 per barrel.