Dow Trapped in Limbo as Investors Fear US Stocks are Too Expensive

The Dow and broader U.S. stock market weakened on Tuesday, as overvaluation risks kept the major indexes subdued following a sharp correction at the start of the week. Dow, S&P 500 Fail to Rally as Valuation Risks Linger A lack of positive momentum kept the major indexes subdued on Tuesday, with the Dow Jones Industrial Average edging down 10 points, or 0.0.4%, to 25,809.67. The blue-chip index opened slightly higher but quickly fizzled, reflecting a lackluster pre-market session for Dow futures. The broad S&P 500 Index of large-cap stocks was trading flat at 2,792.46 after paring earlier losses. Downside pressure

The post Dow Trapped in Limbo as Investors Fear US Stocks are Too Expensive appeared first on CCN

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: