Wall Street’s main indexes ended lower on Aug 28 as investors grew cautious after Federal Reserve Chair Kevin Warsh reiterated the central bank’s focus on fighting inflation.
The S&P 500 lost 19.23 points, or 0.25%, to 7,711.76, while the Nasdaq Composite fell 138.93 points, or 0.52%, to 26,402.42, according to Reuters. The Dow Jones Industrial Average dropped 9.45 points, or 0.02%, to close at 53,559.99.
– With Reuters The Straits Times reports.